Q. How do i handle Purchase Invoices from Suppliers that are from outside of the EU?
A. Follow the attached How-To, which also details how to handle Point Of Entry VAT invoices.
Screenshot relating to the above how to:
Purchase Invoices from Suppliers outside of the EU - a.k.a Point of Entry VAT
Comments
3 comments
The PDF explains the process well but there is a typo in the PDF. The amount on the last line should read -4,452.38 and not -452.38
Also, you may want to mention the probably liability for Duty payable on goods from outside the EU
typo - probable not probably
I believe the VAT rate on the instructions/calculations in the pdf document should read 23% and not 21%?
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