Problem: How to transfer the amounts of Input VAT to expenses?
Solution: In order to transfer the amounts Input VAT to expenses, please follow the steps below:
Note Please use the document with caution, should be used only when advised by the Hotline
1. There is no direct way to do this entry, therefore, we will use this manual entry document Transaction general ledger
...
(General Ledger):
Please specify the debit and credit account, department, expense item, seller, purchase document, currency and amount.
See also 7.5.6. Transactions (General Ledger)
2. Go to Administration – > Register Correction.
Fill out the document as shown below.
You can take the data from the register of the Invoice Received document.
3. Generate a report to check your actions.
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