Understanding VAT and the General Ledger for Mexico
Before you process transactions with VAT, you should understand how the transaction affect the general ledger.
This diagram illustrates the effect on the general ledger of the Mexican VAT process for vouchers:
![Mexican VAT - Vouchers](images/mx_vat_vouchers.gif)
This diagram illustrates the effect on the general ledger of the Mexican VAT process for prepayments:
![Mexican VAT - Prepayments](images/mx_vat_prepaymt.gif)
This diagram illustrates the effect on the general ledger of the Mexican VAT process for invoices.
![Mexican VAT - Invoices](images/mx_vat_invoices.gif)