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Is it possible to identify turnover based on VAT in s4hc?

stankelstrom
Employee
Employee
0 Kudos

Hello,

I'm trying to find an answer regarding VAT, Is it possible to identify turnover based on VAT? If so, how?

Regards,
Sean

Accepted Solutions (1)

Accepted Solutions (1)

Nadja_Medeiros
Advisor
Advisor
0 Kudos

Hi Sean,

What you are looking for is an analytical dimension/ report to drill down until the information.

There is no standard report for this but maybe running some GL reporting ( selecting the accounts affected by your sales) applying some filters and dimensions (VAT relevant) will give you the information that you are looking for. VAT taxable turnover is the total value of everything you sell that is not exempt from VAT (can be very variable from country to country depending on legislation) and depending on the threshold you will need to apply some summarizations to understand the values.

I hope it helps,

Nadja

Answers (0)