Hi,
we would need to realise a tax key as follows:
Invoice amount 220 $ equals 110%
Tax amount (to pay to tax auth.) 20 $ 10%
Tax base amount 200 $ 100%
input tax: 20 $ equals 10 %
input tax base 200 $ 100 %
input tax: 20 $ equals 10 %
input tax base 200 $ 100 %
The posting would look like this:
Cr vendor 220
Dr expense ac 220
Dr input tax ac 20
Cr output tax ac 20
Has someone done something like this? I am stuck with the settings in tax keys and do not get there.
What I achieved was to have a posting with 2 tax lines were invoice amount equals 100% (but not 110%).
Thanks!
Heinrich