Invoice for the Company Account: Services Tab

Field

Used for

Service

The field displays the name of the service that your company is charged for.

Date from

The field displays the initiative date for services provided.

Date to

The field displays the closing date for services provided.

Quantity

A number of each service your company has received in the current payment period.

Price

The field displays the price of each service, set in the currency of the invoice.

Net amount

The field displays the total price of services excluding VAT charges.

• If the price of one item is VAT exclusive, the calculations are the following:

Price x Quantity

• If the price of one item includes VAT, the net amount is calculated in the following way:

Total amount / (1 + VAT rate / 100 %)

• The field is unavailable if your company is not identified as a VAT payer by the system.

VAT

The field displays the VAT rate at which the services are to be charged VAT. As a rule, it is defined for a country where your company is based.

• The field is unavailable if your company is not identified as a VAT payer when the Company Account administrator has created the Account for your company. For information how to set up your company as being registered for VAT and enable required VAT-related functionality, or in case any VAT-related changes are required in your Company Account, contact the Codejig support service.

VAT amount

The field displays the VAT amount - VAT contained in a total amount which is inclusive of VAT.

• If the price of one item is VAT exclusive, the calculations are the following:

Net amount x (VAT rate / 100 %)

• If the price of one item includes VAT, the VAT amount is calculated in the following way:

Total amount - Net amount

• The field is unavailable if your company is not identified as a VAT payer by the system.

Total amount

The field displays the total amount of services in the specified currency including VAT.

• If the price of one item is VAT exclusive, the calculations are the following:

Net amount + VAT amount

• If the price of one item includes VAT, the total amount is calculated in the following way:

Price for one item including VAT x Quantity