1520 rfsa

Info

0001520: (P&L) Exclude VAT amount from Profit

It is necessary for the operators to have visibility of the VAT in the P/L screen of the VAT charges.

Business Requirements

We need to add a column in the P/L tab showing the VAT charges of the invoice.

• for Sales invoices the total VAT listed on the invoice should be shown in this column

• for purchase invoices the total VAT entered into this tab under charge code 1204 should be shown in this column.

• for internal invoices VAT should not apply.

• for the profit loss section the difference between the VAT total of the sales invoice - purchase invoice. Using the information from the above example (20.00 - 15.00 = 5.00)

Only the London and Paris offices have the drop down selection to select if VAT applies to a specific charge, but we need this column to be viewed by all offices.

Note: In the future, we will want to be able to run reports showing this information and we may also need a way to show Customs Duty separately

Examples:

SALES INVOICE SCREEN:

PURCHASE INVOICE SCREEN:

P/L TAB: