Viewing VAT details

This page allows you to view the details of the Value Added Taxes (VAT) that has been calculated for the item invoice. You can view the details of the VAT that has been apportioned if the VAT has been calculated for the document as a whole. You can also view the modified VAT amount. This page allows you to view the details of the VAT in the invoice 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 item invoice was raised.
Currency	The code identifying the currency in which the invoice has been raised.
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 details are to be posted.
Vatable Charge	The total invoice amount on which VAT must be charged.
Non Vatable Charge	The total invoice amount on which VAT is not charged.
Doc Level Discount	The total discount amount for the invoice.
Default VAT Category	The code identifying the default “Purchase” VAT category.
Default VAT Class	The code identifying the default “Purchase” VAT class.
VAT Inclusive	Indicates that the part amount is inclusive of the VAT charged.
Retain Initial Distribution of Doc charges / Disc	Indicates whether the VAT amount that was apportioned by the system before modifications have been retained.
Capitalize non-deductible charges	Indicates whether the VAT charges that are non-deductible have been capitalized.
VAT #	Use the drop-down list box to select the code identifying the VAT code. All the VAT codes for which VAT has been calculated for the invoice will be available for selection.
VAT Amount per VAT #	The VAT amount that has been calculated for the individual VAT.
Corrected VAT amount per VAT #	The VAT amount for the selected VAT code. This amount is the sum of all the corrected VAT amounts for the selected VAT code.
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 identifying the row in the invoice that contains the vatable item, 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 “Purchase” VAT category for which VAT has been calculated.
VAT Class	The code identifying the “Purchase” VAT class for which VAT has been calculated.
Input VAT Deductible (%)	The percentage of input VAT that is deductible.
VAT #	The code identifying the VAT.
VAT Rate (%)	The unit rate of VAT that has been charged. This VAT rate would be in percentage.
Part Amount	The amount of individual part for which an invoice has been created.
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 Charges	The VAT charged on the part. If the VAT has been charged for the document as a whole this amount is the apportioned amount for the item available in the line.
Part Level Discount	The discount applicable for the individual part.
Distributed Discount	The discount deducted for the invoice. If the discount has been charged for the document as a whole this amount is the apportioned amount for the item available in the line.
VAT Amount (Tran Currency)	The VAT amount in the currency in which the item invoice has been created.
Corrected VAT Amount (Tran Currency)	The modified VAT amount in the currency in which the item invoice has been created.
VAT Amount (Base Currency)	The VAT amount in the base currency of the company.
Corrected VAT Amount (Base Currency)	The modified VAT amount 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 list of documents against which the invoice has been adjusted.

If Swiss pay modes are not applicable for the company, select the “Payment Schedule” link at the bottom of the page to view the details of 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 details of the electronic payment made to the supplier and the payment schedule.

Select the “Invoice Summary” link at the bottom of the page to view the summary of invoice.

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 view the observations or comments regarding the invoice.