Hello all,
VAT rate has changed in Italy from 20% to 21%.
On credit/debit note the document has to contain the same VAT value of the referred invoice.
This means that now we can have documents with more than one VAT rate in the same document and the VAT total must be split by VAT code.
ie:
Invoice 1 - VAT 20% = June 2011
Invoice 2 - VAT 21% = October 2011
If we need to create a credit note in November with reference to both invoices - I must show the two different rates on the billing document.
Can this work in SAP? Or should I create 2 different credit notes one for VAT 20% and other for VAT 21%.
Thank you.
R. Morganti
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