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Problem: How to Accrue VAT on Bank Charges?

Solution:

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Use Bank Payment and Input VAT Transaction as shown.

NOTE This manual is applicable for

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Release 2.1.1.20

1. For bank charges enter Bank Payment document with Transaction Type Others.
    The amount should

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At Payment details tab, put GL Account Banking and Other Costs:
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See more 6.2.2.9. Bank Payments (Other)

2. Enter manual Input Vat VAT transaction

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3. Check the statement

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