VAT Margin Scheme

• Automatic margin calculation
  Automatically calculate VAT on the profit margin, including for specific costing items, simplifying second-hand goods transactions. Supports both Globalization and Individualization methods.
  
• Configurable VAT posting groups
  Set VAT posting group combinations where the VAT Margin Scheme applies.
  
• Override VAT posting group for a specific serial number
  Override VAT product posting groups at the serial number level.
  
• Automatic initial purchase price determination
  Determine initial purchase prices using item ledger entries and value entries.
• Consistent pricing
  Sales prices remain consistent, whether the order is including VAT or excluding VAT.
• Accurate VAT entries
  VAT entries reflect the profit margin and the VAT over the profit margin instead of the full line amount and the VAT over the full line amount.
  
• Compliant invoices
  Generate VAT-compliant invoices displaying zero VAT to the customer, while VAT is correctly posted to the ledger.
  
• Backwards compatible, but future-proof
  Supports both legacy and interface invoice posting methods.
• Flexible reports for serial numbers
  Print serial numbers on sales documents without the need for report adjustments.
  

Elevate your Business Central experience with Codadot's VAT Margin Scheme—the smarter way to manage VAT for second-hand goods. Start your free trial today and simplify your VAT reporting. Both your team and your business will benefit from increased efficiency and compliance.

Supported Editions

This app supports both the Essential and Premium editions of Microsoft Dynamics 365 Business Central.

Supported Countries/Regions

Belgium, Germany, Netherlands, United Kingdom, France, Italy

Supported Languages

The app is available in Dutch (Belgium), Dutch (Netherlands), English (United Kingdom), English (United States)