Latest Questions and Answers form our GCC VAT Webinar
please see: https://www.innovatetax.com/how-will-vat-in-the-gcc-affect-your-erp-solution-questions-and-answers-from-presentation
What is the impact of PO doesn’t have Tax amount whereas AP Invoice includes Tax Amount? Will there be any issue in AP-PO Reconciliation as AP Invoice Total Amount is always greater than the PO Amount due to Tax.
Note: Assume EBtax is not configured for PO whereas the same has been configured for AP
in fact, if you determine VAT on the PO then try and change it or if it is different in AP then you can have issues. There are no issues if you turn tax off on the PO and determine on the invoice.
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