VAT EU Acquisitions

Hi Guys,

Im having a bash at VAT control accounts and noticed that when it comes to entering EU acquisiions they are entered onto both sides of the control account. Im unsure as to why!!

any ideas guys


cheers

rob

Comments

  • Bluewednesday
    Bluewednesday Registered Posts: 1,624
    Because that is the VAT rule.

    THey are entered on both sides to ensure that no VAT is paid over.
Privacy Policy