Tab

Description

Overview

Define the code and description for the VAT report.

General

Define the VAT report date setup.

Field

Description

VAT report date code

Enter an identification code for the VAT report.

Description

Enter the description of the VAT code.

In VAT report

Select the setup from the following options:

• With VAT report date– The entire invoice amount is shown on the report if the calculated date in the Date of VAT registerfield is within the report interval. This field is available in the Invoice postingform.

• With VAT report date not later than– If you select Transaction datein the Counted fromfield, the earlier of the two dates is used as the date of the VAT register. This is essentially the sum of the VAT invoice date and the value in the Number of daysfield. Otherwise, if you select VAT datein the Counted fromfield, the interval is determined by the sum of the date of the VAT register and the value in the Number of daysfield.

• With date of physical payment– If the reporting interval includes the payment dates, select the Partial settlementscheck box to display the settled part of the invoice amount in the report.

  Note
  If the Partial settlementscheck box is not selected, the invoice amount is not shown in the report until it is completely settled.

• With date of physical payment not later than– Select the Partial settlementscheck box to display the settlements that belong to the reporting period. If the calculated value in the Date of Vat registerfield belongs to the report period, then the entire invoice amount, excluding the settled amounts for the previous period, will be displayed in the report.

  Note
  If the Partial settlementscheck box is not selected, then select the Transaction dateor VAT datein the Counted fromfield to specify the criteria to calculate the date of the VAT register.

Number of days

Enter the number of days from the posted tax transactions.

Note
This field is activated if you select With VAT report date not later thanand With date of physical payment not later thanin the In VAT reportfield.

Counted from

Select the criteria to calculate the date of VAT register from the following options:

• Transaction date

• VAT date

Partial settlements

Select the Partial settlementscheck box to display the settlements that belong to the report period in the report.

VAT date is the same as payment date

Select this check box to specify that the value in the Date of VAT registerfield is equal to the value in Due datefield in the Invoice postingform.