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Question

VAT calculation on the subcontract valuation gross amount instead of net amount after deducted Retention

  • June 8, 2026
  • 0 replies
  • 8 views
R
Sidekick (Partner)
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  • RajK
  • Sidekick (Partner)

Hi All, Our customer has a scenario, where the VAT should be calculated on the gross amount (ideally including retention) and match invoice with certified valuation but IFS standard works the other way, VAT will be calcuated always on net amount after deduction of Retention amount. Did anyone gone through the situation and find a way to solve this?

 

THanks

Raj

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