Input VAT Remainder Maintenance

Menu Path: System Administration $Images\bluerarw.gif$ VAT $Images\bluerarw.gif$ Setup $Images\bluerarw.gif$ Input VAT Remainder Maintenance

Purpose

Set up and maintain input VAT remainder entries.

Overview

Use Input VAT Remainder Maintenance to create, edit, and delete input VAT remainder entries for surplus monthly input VAT amounts. Every month, you can enter the previous balance, so it can be included as an input VAT amount in VAT Inquiry and VAT Report.

Note Only create monthly input VAT remainder entries if the total input VAT amount for your company is greater than the output VAT amount.

Creating Input VAT Remainder Entries

To create a new input VAT remainder entry:

Click the New button in the ribbon.
Click the Lookup button for the Period field, and select the period for the entry.
Click the Lookup button for the Year field, and select the year for the entry.
Enter the input VAT remainder amount for the entry in the Input VAT Remainder field.
Enter the basis amount on which VAT was calculated in the VAT Basis field.
Click the OK button in the ribbon. The VAT remainder entry is entered.

Ribbon Home Tab Buttons

Button	Description
Exit	Click this button to close the Input VAT Remainder Maintenance window.
Update	Click this button to update the selected input VAT remainder entry.
New	Click this button to create a new input VAT remainder entry.
Delete	Click this button to delete the selected input VAT remainder entry.
OK	Click this button to accept an action. This button is only available after you click the New, Update, or Delete button in the ribbon.
Cancel	Click this button to cancel an action. This button is only available after you click the New, Update, or Delete button in the ribbon.
Show Data	Click this button to refresh data in the Input VAT Remainder Entries grid.

Main Tab Fields and Buttons

Field or Button	Description
Period	Click the Lookup button to select the period for the input VAT remainder entry.
Year	Click the Lookup button to select the year for the input VAT remainder entry.
Input VAT Remainder	Enter the monthly carryover input VAT amount for the input VAT remainder entry.
VAT Basis	Enter the basis amount for the input VAT remainder entry. The input VAT remainder amount is calculated as a percentage of this amount. Example If you enter 10000 in this field and 200 in the Input VAT Remainder field, the VAT rate is calculated as 2% for the entry.
Input VAT Remainder Entries	This grid displays input VAT remainder entries.