Good afternoon,
In IFS10, UPD10 I have different tax codes, one of them being 60% non deductible (40% deductible) but the amounts do not correspond in the tax Transactions window and neither in the exported reports.
For example, I have the below invoice where I can see the Net Amount, Tax Amount which is the deductible amount, not full tax amount, and Non-Deductible Tax Amount
However, if I go in Tax Transactions, for this supplier invoice Tax Base Amount is already only 40% of the Net Amount of the invoice, and Non-Deductible Amount appears to be 0.00.
In Tax Parameters, the Tax Base Amount is set to Original, but I have tried also the other two options, Reduced and Cost and no changes appear in the tax transactions.
Is there something I need to do and I forgot?
The same issue is also on the tax codes that are 50% deductible.
Due to this, all Tax reports do not reflect the figures as the client needs them on the VAT Books.
Thank you!