Enabling the VAT/GST reverse indicator

To enable the VAT/GST reverse process, the entity tax code must be set to accrued and must have an accounts payable tax accrual code.

  1. Sign in as Payables Administrator and select Tax Setup > Entity Tax Codes.
  2. On the Main tab, select Accrued in the Accrued or Invoiced field.
  3. Select a code for accounts payable tax accrual.
  4. See Payables setup in the Financials Setup and Administration Guide for other required setup.
  5. Create the Payables invoice record.
    See Creating Payables invoice record.