Understanding Prepayments for Notula in Italy
Notula is the document used to defer the VAT. You can use the system to process notula for specific stages in the prepayment process:
Step in Prepayment Process |
Description |
---|---|
Enter prepayment voucher |
When you enter prepayment vouchers for notula, you:
|
Record payment |
To record the voucher as paid, you use manual payment with voucher match for the voucher without VAT. |
Enter standard voucher |
Enter a standard voucher with a normal tax explanation code and tax rate. When the system determines that the supplier for the voucher is subject to withholding, the system displays the withholding window. Use the form to select the matching notula document for the voucher. The system retrieves the VAT amount along with the withholding tax amount. Distribute as usual. When you post the voucher, the system updates the tax table. |
Close the amounts |
Enter a second payment to close the amounts in the Accounts Payable Ledger table (F0411). |