Crediting shipments with construction VAT

If you are considered to be a construction company and you buy construction services from other companies, the VAT should be 0% for the crediting because it is the buyer that reports and pays the VAT to the state. The same supplier can be credited both with and without construction VAT for different shipments. This depends on whether the service or item specified on the order or shipment being credited has been defined as a construction service (see Applying construction VAT to services and price items). This is how to indicate that you are a construction company:

Click on Settings > Offices.
Go to the Pricing tab and select the VAT rate registered as construction VAT (for example Construction VAT 0%) in the Reverse construction tax drop-down list.
Select the Construction company checkbox.
Click on to save all changes.

If the conditions for construction VAT are met, construction contracts are credited with 0% VAT. For more information, seeHow Opter chooses the VAT rate on credits