Hi!

I'm trying to set up a VAT reverse charge mechanism for the tax declaration in The Netherlands. I would like the following: suppose we receive a purchase invoice amounting to € 1.000 under the reverse charge VAT condition. I would like Zoho to make the following journal entry (our tax rate = 21%):

Expenses                                          1.000

Trade creditors                                                        1.000

VAT rev. charge receivable                  210      

VAT rev. charge payable                                             210

I enabled "reverse charge", I defined a separate tax rate and I set up separate ledger accounts. I searched through the FAQ, help pages, etc., but I am not able to get the result I want. 

Any help is much appreciated

Regards,
Marc