Skip to main content
Accounts Payable - I
Search
Search Indirect Tax Support Help and Support.

This article applies to:

  • Product: ONESOURCE Indirect Tax Compliance

Foreign VAT

This schedule is to record any foreign VAT suffered abroad which is not recoverable in the local country VAT return. This is recorded in the
Input Schedule I
 as outside the scope of local VAT.

Developing the Schedule

This schedule can be developed from the
Input Schedule I
.

Completing the schedule

  1. Enter the description.
  2. Enter
    Net of VAT
     amount as appropriate.
  3. Enter
    Input VAT
     amount as appropriate.
  4. The schedule flows through to the
    Schedule I
     and
    Return Summary Analysis
     as relevant.

Standard Sub-schedules

There are no standard sub-schedules for this schedule.

Carry Forward

Information entered on this schedule carries forward to the next period and is displayed with the prior period totals on the right hand side of the window. This allows comparison of the periods' figures to be made and may help you identify any mistakes.

Related Content