VAT Invoice for Import of Services
If the place of delivery of services from a non-resident is the customs territory of Ukraine, the resident of Ukraine who is the recipient of the services is recognized as responsible for the calculation and payment of VAT.
When importing services, the tax liability and tax credit are generated through the Tax Credit account.
A sales VAT invoice will be generated for service import operations.
Required settings
- On the VAT Business Posing Group page, create or enable settings for the existing VAT Business Group for import of services in the following fields:
| Field | Action |
|---|---|
| Automatic VAT Invoice | Enable this option if you need to create a VAT invoice automatically when posting a document for service purchase from a non-resident. |
| ITN | Enter the following value: 500000000000 |
| Service import | Enable this option |
- Assign a VAT Business Posting Group on service import to a vendor on the Vendor Card page, Invoicing tab.
- On the VAT Posting Setup page, for a specific combination of a VAT Business Posting Group for service import and VAT Item Group in the Sales VAT Account and Purchase VAT Account fields, specify the Tax Credit account. In the VAT Inv.Keeping Reason field, set the 14 – Drafted by a recipient (buyer) of services from a non-resident value.
Creating VAT Invoice for Import od Services
- Create and post a purchase document for import od services for a set vendor and item.
Note
A VAT Invoice will be created automatically if the Automatic VAT Invoice option is enabled for a Vendor’s VAT Business Group.
- Create a VAT invoice with a periodic job or manually for purchase operation by import of services.
- Check created VAT documents on the Sales VAT Invoice List page.
- Click Post on the page of created Sales VAT Invoice for import of services to post the VAT invoice.
- Check the posted VAT documents on the Posted Sales VAT Invoice List page.