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Related topics
This panel displays the break-up of the transaction amount entered in the A/P invoice/credit note entry, with respect to the VAT codes applied to the different base amounts (that cumulatively form the transaction amount itself). It also displays the VAT amount applied against each base amount.
You can select the transactions taken place corresponding to each individual VAT code and adjust their entries against the defined accounts on the G/L postings standard panel (where the transactions of each particular VAT handling code are displayed).
- Voucher
- Displays the voucher date, type and number of the transaction.
- Supplier
- Displays the supplier’s ID and description.
- Debit
- Displays the total VAT amount debited in transaction currency or primary currency of the customer/supplier.
- Document
- Displays the document date, type and number of the transaction.
- Credit
- Displays the total base amount in transaction currency or primary currency of the customer/supplier upon which VAT has been applied.
- Amount
- Displays the transaction amount entered in the A/P invoice/credit note entry.
- Diff
- Displays the difference between the debited and credited VAT amounts.
- VAT
- This column lists the VAT handling codes of the individual transactions.
- Debit
- This column lists the total VAT amounts debited for the transaction in the transaction currency or primary currency of the customer/supplier.
- Credit
- This column lists the portions of the invoice amount upon which the corresponding VAT codes have been applied.
- Difference
- This column lists the differences between the debited and credited VAT amounts of the transaction.