Entering VAT-liable Amounts without VAT in General
Journals
When you enter a VAT-liable amount including VAT on a journal
line, you must enter it in the Amount field. Alternatively, you may enter
the amount excluding VAT (also called the VAT base). If you choose
to do so, you must not enter anything in the Amount field.
Fill in the fields on the first line. For Help about a specific
field, click the field and press F1.
Enter the amount excluding VAT in the VAT Base Amount field or in the
Bal. VAT Base Amount field.
(The base amount fields are not included in the standard layout,
but you can insert them with the Design facilities.)
The Gen. Posting Type,
Gen. Bus. Posting Group,
Gen. Prod. Posting Group fields
and the corresponding fields for the balancing account are
automatically filled in by the program, but they can be changed if
necessary.
General Journal
window.