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AP9.2: How to Obtain A Defaulting Record Output VAT Flag Checked For Transaction Between A Non EU Vendor Providing Service To EU ? (Doc ID 2943817.1)

Last updated on APRIL 20, 2023

Applies to:

PeopleSoft Enterprise FIN Payables - Version 8.8 to 9.2 [Release 8.8 to 9]
Information in this document applies to any platform.


Customer is having a requirement where business, an EU Country (Germany), wants to book both Input and Output VAT, for a transaction between a Non EU Vendor providing service to Germany.
Justification : "If a company based in a third country provides other services to a German entrepreneur, the reverse charge procedure applies and the recipient of the service becomes the tax debtor (compare paragraphs 3a paragraph 2 and 13b paragraph 1 UStG). Accordingly, the German service recipient must pay the sales tax and can claim this as input tax.Status: March 2022"

*Currently only for transactions between EU Countries ,Record Output vat flag on Voucher gets checked automatically resulting in creation of accounting entries with Input and Output VAT
Is it possible to configure the system in such a way that even for transactions between Non EU and EU Country ,record Output VAT flag gets checked automatically resulting in creation of Input and Output VAT ?


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