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3. You enter the tax invoice date and number in the Invoices Workbench (see Entering Tax Invoice Information (Payables) ).

4. You pay the invoice.

5. The vendor receives the payment.

6. You record the payment as delivered (see Payment Batch Delivery Control ).

7. You book the VAT expense to the VAT account.

For the flow of services invoices:

1. The vendor issues the regular invoice.

2. You book the VAT to the VAT Not Due account.

3. You pay the invoice.

4. The vendor receives the payment and issues the tax invoice.

5. You generate the tax invoice number according to your company's procedures.

6. You record the payment as delivered (see Payment Batch Delivery Control ).

7. You update the invoice with the tax invoice date and number (see Entering Tax Invoice Information (Payables) ).

8. You transfer the VAT expense from VAT Not Due account to the VAT account. You can run the Input Tax Summary for only the VAT Services tax type to see how much to transfer (see Input Tax Summary (VAT) Report ).

At the end of the period, generate the Input Tax Summary report (see Input Tax Summary (VAT) Report). Use the Incomplete Tax Invoice report (see Incomplete Tax Invoice Report) to determine if you missed entering any tax invoice information for your purchases invoices.