VAT on Reverse Charge: General Area

In the general area, you provide information that is applicable to all services added to the document, such as a vendor, a tax office to which a payment or a VAT return has to be submitted together with its account, a purchase invoice from which you want to retrieve services and their details (optional), etc. Specify VAT rate, check currencies of the VAT accrual document and the referred to purchase document and total amounts in those currencies.


Vendor Details
 

Field

Used for

Vendor

Select a foreign vendor of the services from the list of vendors.

 
Purchase document
 

Field

Used for

Purchase invoice

Specify a purchase invoice, if any, from which you want to retrieve services together with their details and copy them into the VAT accrual for services document.

The Fill button

Upon selecting the reference document, click the Fill button to automatically transfer all services defined in the purchase document together with their details to the VAT accrual for services document.

 
Document Totals
 
The totals section displays currencies of the VAT accrual document (base currency) and of the purchase document being referred to together with the total amount of all services in both currencies.  
 
Fields in this section are not editable and you cannot override them.
 

Field

Used for

Currency of purchase invoice

Currency of the selected purchase invoice. 

  • You cannot set this currency manually. The field is auto-populated once you select the purchase invoice in the Purchase invoice field.  
  • If you create the VAT accrual for services document without reference to any purchase documents adding items manually to the document, no currency of purchase invoice will be provided and the field will remain empty.
 Currency amount

The total amount of all services in the currency of the specified purchase invoice.

  • If the currency of purchase invoice is not specified, the currency amount will not be calculated as well.  

Currency

Currency of your VAT accrual for services document.

  • It cannot be set manually. Base currency is your company’s default currency specified in My company settings from where it is retrieved

Total amount

The total amount of all services in the base currency on which VAT is to be charged.

 
 
Document-related Information
 

Field

Used for

#

Document number (#) is assigned automatically when you save the VAT accrual for services document based on the selected numerator.

Users with the appropriate permissions can override the auto-generated number and enter it manually.

After overriding the document number, automated numbering will proceed in the same manner but using the manually set number as a start value.

date

Date field is automatically assigned the datetime when the new VAT accrual for services document was created (added). Date field indicates the posting datetime and the document datetime.

You can override the auto-generated date and enter it manually.

 
Additional Details
 

Field

Used for

Note

Add any notes or comments concerning the VAT accrual for services document.