Domestic Reverse Charge in Opera 3

Hi All,

I have a client who is doing their first vat return since the new RC VAT legislation came in 1/3/21. They have noticed that vat audit trail and vat values reports do not show any vat values only goods values pulling through. I understand this may be the case for sales but I would have thought that we would see Purchase RC VAT there.

I have tested the same set up n demo data - and its the same - the vat values pull through to the vat return but not on the reports.

Also I have the domestic reverse charge ticked on the vat codes as I'm sure I seen this on a Pegasus webinar but I noticed the codes that come as standard in the recent versions do not have this ticked - anyone confirm if they should be ticked or not?

Does anyone have these values pulling through? Just wondering if I have missed something in the setup?

I've logged with Pegasus 2 days ago but still not had anything back and the return needs submitted on 7th.

Thanks in advance

Melissa

Find more posts tagged with

Pegasus - Partner General Discussions

Accepted answers

All comments

claire-craig

Hi Melissa, did you get anywhere with this? I put together a document for ourselves as a reminder to what goes through on the VAT return, not sure if this would help you....

For Reverse Charge sales

The Net value will go to box 6
THE SALES VAT WILL NOT BE IN ANY BOX

For Reverse Charge purchases

Net value to box 7
VAT value to box 4
Also will post to the Sales VAT BOX 1
- These figures will then cancel each other

melissa

Hi Claire,

Thanks for the above - I too had created a document with screenshots etc and how the RC Vat works but couldn't figure out why the vat values were not pulling through to the report.

I managed to get an answer from Pegasus after waiting for 3 days.

Basically the VAT return was fine so all the figures were posting in the correct boxes but the detailed vat audit trail was not showing the VAT values on any of the RC lines which was confusing both me and the customer.

I would have thought the report would show the value of the PL RC Vat on the actual transaction line then another column possibly showing the reversal but this isn't the case.

Pegasus Development Team confirmed this is correct as they are reversing each other so the report should be £0.

I have asked for an enhancement request to add in an additional column on this report to show the reversing value however, this can be see on the summary VAT values report as a double check.

Regards

Melissa

claire-craig

Hi Melissa, good to hear you got confirmation and all was ok. Hope your customer got their VAT return in on time. Thank you for the further bit of info, every little helps as it can be so difficult to understand reasoning behind the programming - be sure to share the KB if it gets approved as I'll ensure to vote for it :-)

Regards

Claire

melissa

Hi Claire, they had to just submit it as didn't get an answer from Pegasus to late Fri afternoon and I had already finished for the day.

Yes you are right some of the programming seems like an after thought - and the support has been horrendous lately too - I actually had to lodge a complaint regarding this call to get the answers I needed.

Fingers crossed it gets approved but will keep you posted.

Regards

Melissa

Copyright © 2025 Infor. All rights reserved.