Problem: How Can I enter VAT Payment performed by Third Party?
Solution:
For Example, you have 3048.83 AED Payable VAT + 30 AED Fee from Al Ansari Exchange, in order to correctly reflect the operation, following entries should be done in the system:
1) Create VAT Return and Calculation of VAT Liability Documents according to the standard procedure.
2) Create a new Bank Account for Al Ansari Exchange as Transit Account.
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