Viewing calculated VAT

This page allows you to view the VAT calculated by the system when the debit / credit note is created.

Select the “VAT Calculation” link at the bottom of the “View Item Based Note” page.

The “VAT Calculation” page appears.

The system displays the following:

Note #	The number identifying the part based debit / credit note.
Note Date	The date on which the part based debit / credit note was created.

The system displays the following:

Currency

The currency in which the part based debit / credit note has been created.

Exchange Rate

The exchange rate of the base currency with respect to the transaction currency in case they are different.

Finance Book	The code identifying the finance book in which the part based debit / credit note details are to be posted.
Vatable Charge	The total debit / credit amount on which VAT must be charged.
Non Vatable Charge	The debit / credit amount on which VAT is not charged.
Doc Level Discount	The total discount amount for the debit / credit note.

Default VAT Category	The code identifying the default VAT category.
Default VAT Class	The code identifying the default VAT class.
VAT Inclusive	Check this box if the part amount is inclusive of the VAT charged.
Retain Initial Distribution of Doc Charges / Disc	Check this box if you want to retain the VAT amount that has been apportioned by the system before the modifications have been made.

Note: If you check this box after making changes in the “Vatable Distributed Charge” or the “Distributed Discount” fields you would have to re-calculate the VAT by clicking the “Recompute VAT” pushbutton available at the bottom of this page.

TCD Variant #

The code identifying the TCD variant for which the VAT has been calculated.

VAT Amount per VAT #	The VAT amount that has been calculated for the individual VAT.
Corrected VAT Amount per VAT #	The VAT amount after modifications have been made manually.
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 of the row that contains the VAT charge.
Ref Doc Line #	The number of the row in 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 / T / C / D #	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 category to which the VAT belongs.
VAT Class	The class to which the VAT belongs.
TCD Variant #	The code identifying the TCD variant.

VAT Rate (%)	The unit rate of the VAT that has been charged.
Part Amount	The amount of individual part for which a debit / credit note.
Vatable Part Charge	The individual part amount for which the VAT can be charged.
Non Vatable Part Charge	The individual part amount for which the VAT is not charged.

Vatable Distributed Charge

The VAT charged on the part (Decimal).

Note: This amount is apportioned for the individual lines by the system when the VAT is charged at the document level.

Part Level Discount

The discount applicable for the individual part.

Distributed Discount

The discount deducted for the debit / credit note (Decimal).

Note: This amount is apportioned for the individual lines by the system when it has been charged at the document level.

VAT Amount (Tran Currency)	The VAT amount in the currency in which the debit / credit note has been created.
Corrected VAT Amount (Tran Currency)	The VAT amount after the modifications have made manually. This amount is in the currency in which the debit / credit note has been created.
VAT Amount (Base Currency)	The VAT amount in the base currency of the company.
Corrected VAT Amount (Base Currency)	The VAT amount after the modifications have been made manually. This amount is in the base currency of the company.
Description	The description of the VAT code.

Note: If you have checked the box beside the “Retain Initial Distribution of Doc Charges / Disc” field you will have to click the “Recompute VAT” pushbutton to calculate VAT again.

To proceed, carry out the following

Select the “Adjustment” link at the bottom of the page to view the documents against which the debit / credit note must be adjusted.

If VAT is applicable for the company, select the “VAT Postings” link at the bottom of the page to view the VAT posting details.
If Swiss pay modes are not applicable for the company, select the “Payment Schedule” link at the bottom of the page to view the payment schedule.

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.

Select the “Note Summary” link at the bottom of the page to view the summary of a debit / credit note.

Select the “Accounting Information” link at the bottom of the page to view the account posting information.

Select the “Attach Notes” link at the bottom of the page to add observations or comments regarding the debit / credit note.