How do I correct an Intra-communitarian acquisition Invoice from January, on which the VAT rate was wrongly selected? Can it be voided (seeing as it is linked to the Material Receipt and consumptions have already been made) or should a new invoice be created to adjust the VAT and Vendor accounts situation ?
A: If the VAT rate on an invoice (vendor or customer) was wrongly introduced, this can be modified if the following conditions are met:
No tax declarations have been generated;
If tax declarations have been created, but have not been completed, you can erase the declaration on the respective month and re-enter it after corrections;
The Tax field from the document's line is open even after it was completed;
On the document line, select the corresponding rate and run the Tax Recalculation process;
Choose the Tax that was set in the line, enter the Invoice for which the change is done and the Account Date of the invoice and press the Start button;
A message informing you of the invoice update will appear.
After running the process, the invoice is transferred back into the accounting ledger by pressing the Posted - Re-post button.
Depending on the case, it is also possible to void the invoice and recreate it, but you need to take care to redo the matching with the receipt.