I have read in forum that there is some solution for reverse charged VAT but i didn’t understand it how should it work.
At the moment I try to understand the logic but I don’t see the numbers.
What i do: 1 line - create a line with tax code FREE (0%); 2 line - create a line with account (VAT001) outside of balance in the same amount with tax code P and qty +1; 3 line - create a line with account (VAT002) outside of balance in the same amount with tax code P and qty -1.
Now I have correct amount for account payable and amount outside balance is also ZERO.
But if I’m looking Tax Reports, then I can see there only one code “KM - vaba” - this mean VAT FREE (1. entered line) and all another information is hidden.
So my question is: do you have some recommendations how to solve it or should I need to prepare some short overview what kind of data we need?