Can I create a tax code for Reverse Charge VAT (imports of services) so that its effect appears correctly under line 9 - Imports subject to VAT accounted for through reverse charge mechanism in the VAT Return Form.
Currently, I only see the standard VAT codes (15%, 5%, exempt, zero-rated, etc.), but there is no built-in option for reverse charge.
My question:
How can I set up a tax code (or configure Manager) so that when I record purchases from abroad, the VAT is reported under line 9 in the VAT Return Form?
There are a few steps involved to make it work that way. The country-specific reports are made using “Report Transformations” which was a way to construct these reports without coding skills required. However it was still limiting in many ways.
Since AI is pretty good at writing code, the idea is that “Report Transformations” will be eliminated from the program and AI will write the code to show the report exactly based on the rules you specify.
So I’d just not touch this anymore and wait for the new approach. It won’t be too long.
My question:
