Viewing VAT calculation details

This page allows you to view the details of the Value Added Tax (VAT) that has been calculated for the invoice. You can view the original apportioned VAT amount. You can also view the VAT details in both the transaction currency and the base currency of the company.

Select the "VAT Calculation" link at the bottom of the page.

The "VAT Calculation" page appears.

The system displays the following:

Invoice #	The number identifying the invoice.
Transaction Date	The date on which the invoice has been created.
Currency	The code identifying the currency in which the prepayment invoice has been created.
Exchange Rate	The exchange rate of the base currency with respect to the transaction currency if they are different.
Finance Book	The code identifying the finance book in which the prepayment invoice details have been posted.
Vatable Charge	The total prepayment invoice amount on which VAT has been charged.
Non Vatable Charge	The prepayment invoice amount on which VAT has not been charged.
Doc Level Discount	The total discount amount for the prepayment invoice as a whole.
Default VAT Category	The code identifying the VAT category that has been defined for “Sales”.
Default VAT Class	The code identifying the VAT class that has been mapped to the VAT category.

Enter the following fields:

VAT Inclusive	Check this box if the amount is inclusive of the VAT charged.
Retain Initial Distribution of Doc charges / Disc	Check this box if you want to view the VAT amount that has been apportioned by the system.
VAT #	The code identifying the VAT code. All the VAT codes that are available for the various VAT line numbers will be available for selection.

The system displays the following:

VAT Amount per VAT #	The VAT amount that has been calculated for the individual VAT.
Corrected VAT Amount per VAT #	The modified individual VAT amount.
Total VAT Exclusive Amount	The total amount that does not include the VAT charges.
Total VAT Amount	The total amount that has been calculated as VAT.
Total VAT Inclusive Amount	The total amount that has VAT included in it.

The system displays the following in the “VAT Calculation” multiline:

VAT Line #	The number identifying the row that contains the VAT charge.
Ref Doc Line #	The number identifying the row of the invoice that contains the Vatable part, tax or charge.
Part /T/C	Indicates whether part, tax or charge is available in the row.
Part /TCD #	The code identifying the part, tax or charge that is vatable.
Variant #	The code identifying the variant of the part, tax or charge that is vatable.
VAT Category	The code identifying the category to which the VAT belongs.
VAT Class	The code identifying the class to which the VAT belongs.
TCD Variant #	The code identifying the tax, charge or discount variant.
VAT Rate (%)	The unit rate of the VAT that has been charged.
Part Amount	The individual part amount.
Vatable Part Charge	The individual part amount for which the VAT can be charged.
Nonvatable Part Charge	The individual part amount for which the VAT is not charged.
Vatable Distributed Charge	The VAT charged on the part that has been apportioned by the system or manually.
Part Level Discount	The discount applicable for the individual part.
Distributed Discount	The discount deducted for the prepayment invoice.
VAT Amount (Tran Currency)	The original VAT amount for the line in the currency in which the prepayment invoice has been created.
Corrected VAT Amount (Tran Currency)	The VAT amount for the line after the modifications has been made. This currency is in the same as the one in which the prepayment invoice has been created.
VAT Amount (Base Currency)	The original VAT amount for the line in the base currency of the company.
Corrected VAT Amount (Base Currency)	The VAT amount for the line in the base currency of the company.
Description	The description of the VAT code.

To proceed, carry out the following

Select the “VAT Postings” link at the bottom of the page to view the postings made in the VAT accounts.
If Swiss pay modes are applicable for the company, select the “Payment Information” link at the bottom of the page to view the electronic payment details and the payment schedule.
Select the “Invoice Summary” link at the bottom of the page to view the summary of the invoice.
Select the “Accounting Information” link at the bottom of the page to view the account posting details of the invoice.
Select the “Attach Notes” link at the bottom of the page to enter your observations and comments regarding the invoice.