Preparations for Incoming Invoices

For deliveries imported from other EU member states, no import tax is posted, but acquisition tax is. This tax amount can be deducted as input tax. If the buyer is entitled to deduct the full amount of input tax, he does not have to debit from his profit/loss any tax for acquisitions within the EU.

For the tax postings you need special tax codes and, if you want to manage the acquisition tax in separate accounts, special tax accounts.