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 “View Invoice” 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 was generated.
Currency	The currency in which the invoice has been generated.
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 invoice detail will be posted.
Vatable Charge	The invoice amount on which VAT is applicable.
Non Vatable Charge	The invoice amount for which VAT is not applicable.
Doc Level Discount	The discount applicable for the invoice document 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 #	Use the drop-down list box to select 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 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 identifying the row that contains the VAT charge.
Ref Doc Line #	The number identifying 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 /TCD #	The code identifying the part, tax or charge that is vatable.
Variant #	The code identifying the variant of the 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 amount invoiced for the individual part.
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 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 invoice.
VAT Amount (Tran Currency)	The original VAT amount for the line in the currency in which the 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 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 VAT posting details.
Select the “Adjustment” link at the bottom of the page to view the adjustment details of the invoice.
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 information of the invoice.
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
Select the “Attach Notes” link at the bottom of the page to record your observations or comments.
Select the “Invoice Summary” link at the bottom of the page to view all the details pertaining to the invoice including the receipt and adjustment details.