Post non-deductible VAT to a VAT expense account

Before you start

Create a new VAT rate

In Visma Net the default setting is that you post non-deductible VAT amounts to a VAT expense account.

To post VAT expenses to the same general ledger account as the amount of a specific purchase invoice, see Post non-deductible VAT to the same expense account as the purchase invoice amount.

1. Go to the VAT (TX205000) window.
2. In the VAT ID field, select the VAT rate you want to use.
3. Select the Partially deductible VAT check box.
4. Click the General ledger accounts tab.
   The check box Use VAT expense account is selected by default.
5. In the VAT expense account field, select the expense account you want to use.
6. In the VAT expense subaccount field, press F3 to select the subaccount associated with the account in step 5, or to select 0 (Default/None).
   Next time you create a purchase invoice, the non-deductible VAT you specify on the lines, will be posted to the given VAT expense account.
7. Click .