A company requires value added tax (VAT) for prepayments, and this is due when the invoice is paid. Which setup options should you use?

Question

Options

• AUnrealized VAT Type in the VAT Posting Setup window set to Last (Fully Paid) and
• BUnrealized VAT in the General Ledger Setup window and the Reverse Charge VAT
• CUnrealized VAT Type in the VAT Posting Setup window set to Last and Prepayment
• DUnrealized VAT and Prepayment Unrealized VAT in the General Ledger Setup window

• A
  82% (28)
• B
  9% (3)
• C
  3% (1)
• D
  6% (2)

No community discussion yet for this question.