Spanish input VAT — account 472
472 is deductible VAT. 477 is output VAT. They are not expense accounts.
Posting
Comptyx debit 47200000 on taxed purchases, credit 47700000 on sales. The rate follows the document.
472 is deductible VAT. 477 is output VAT. They are not expense accounts.
Comptyx debit 47200000 on taxed purchases, credit 47700000 on sales. The rate follows the document.