Using the ERPNext UK VAT MTD module. I had some installation issues, and the fix I managed to do is under post
Once Installed few things to note:
- You must not use the Purchase and Sales Tax templates on the ERPNext, they will not work with UK MTD module
- You must use the Item Tax templates (go accounting and taxes - Item Tax Template)
- UK MTD Module adds ‘VAT Details’ section to Item Tax template, you have to set
- VAT Rules (you can use this to assign specific rules to e.g. supplier or customer)
- Transaction type (see details in guide as if I remember right this is only required to EU Services /Good imports)
- VAT Rate
You must not use special character (e.g. %) in the name as then module will not work.
When you then create purchase/sales invoices, do not use Sales/Purchase tax template, but go to individual Items and set the tax template there for the items. This way they are included in the generated VAT report.
I have not figured out how to :
- Do actual submissions digitally (have two months to figure that out :-))
- How do count import VAT. What I mean is imports e.g. from China where the Courier/customs at the time of import calculated the duty and VAT. As this is not fixed amount of VAT cannot use Item Tax template to set the percentage. It should be possible to manually define the VAT amount on the Purchase Invoice. Could anyone help on this?
Below is setting from my Item Tax template for UK standard 20% VAT
