Validating samples: Special cases - Revision history

Onea: /* Financial discount */

2017-02-24T09:24:19Z

‎Financial discount

2017-02-22T07:26:59Z

‎Financial discount

2017-02-21T11:01:27Z

2016-11-07T14:29:20Z

2016-11-07T14:14:23Z

2016-11-07T13:46:41Z

2016-11-07T13:34:45Z

2016-10-18T15:40:01Z

2014-03-17T16:02:54Z

2014-03-17T16:02:31Z

← Older revision		Revision as of 09:24, 24 February 2017
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	==Financial discount==		==Financial discount==
		+	<br/>{{warning\|For VIS users: the financial discount should not be used in combination with Quick VAT. This because the calculation of the discount will not be performed.}}<br/>
		+
	The calculation of the VAT amount is always based on the taxable amount. This taxable amount will be different when working with a financial discount than when working with no financial discount.		The calculation of the VAT amount is always based on the taxable amount. This taxable amount will be different when working with a financial discount than when working with no financial discount.

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 <br/>
 A financial discount is in this case calculated based on the value in the ''Net amount'' field. The discount in this example equals €2 (2% of €100).<br/>
-The taxable amount will therefor be equal to €98 (€100 - €2 discount).<br/>
+The taxable amount will therefore be equal to €98 (€100 - €2 discount).<br/>
 Because the ''VAT amount'' is calculated based on the taxable amount, this value will equal €20,58 (21% of €98).<br/>
 The ''Total amount'' in this case will be €120,58. And this is how this document should be booked into the accountancy package.

← Older revision		Revision as of 11:01, 21 February 2017
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	<br/>{{info\|1Archive automatically calculates the financial discount. When the ''VAT amount'' is not filled in correctly, this will be displayed by showing a red field. When hovering over that red field, an error message is shown.<br/>		<br/>{{info\|1Archive automatically calculates the financial discount. When the ''VAT amount'' is not filled in correctly, this will be displayed by showing a red field. When hovering over that red field, an error message is shown.<br/>
	<br/>[[image:financial_discount_validator.PNG\|link=]]<br/>}}<br/>		<br/>[[image:financial_discount_validator.PNG\|link=]]<br/>}}<br/>
		+
		+	==Financial discount and VIS==
		+	By default, 1Archive will copy the payment term which is set on a supplier to the document. This value can be overwritten by any other payment term available.<br/>
		+	When overwriting this value, the due date and financial discount will be adjusted.<br/>
		+	<br/>
		+	When booking the document, the financial discount will be taken over in Venice for that document.<br/>
		+	Also when booking the document, the financial discount will be set to the payment order. This to allow you to use the financial discount when paying an invoice in Venice.<br/>
		+	<br/>{{warning\|The financial discount for payment orders will only be set for invoices, not for credit notes!}}

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 <br/>[[image:financial_discount_normal_situation.png|link=]]<br/>
 <br/>
-A financial discount is always calculated based on the value in the ''Net amount'' field. The discount in this example equals €2 (2% of €100).<br/>
+A financial discount is in this case calculated based on the value in the ''Net amount'' field. The discount in this example equals €2 (2% of €100).<br/>
 The taxable amount will therefor be equal to €98 (€100 - €2 discount).<br/>
 Because the ''VAT amount'' is calculated based on the taxable amount, this value will equal €20,58 (21% of €98).<br/>

@@ Line 1: / Line 1: @@
 ==Financial discount==
 * '''Net amount''': €100
 * '''VAT percentage''': 21%
 In a normal situation, the ''VAT amount'' would be €21 and the ''Total amount'' would be €121.<br/>
-In case of a financial discount, the VAT amount will be calculated differently:<br/>
+<br/>[[image:financial_discount_normal_situation.png|link=]]<br/>
-* '''Discount %''': 2
+<br/>
-The discount will be calculated based on the amount in the ''Net amount'' field. The discount in this example equals €2 (2% of €100).<br/>
+A financial discount is always calculated based on the value in the ''Net amount'' field. The discount in this example equals €2 (2% of €100).<br/>
-This means that the taxable amount will be changed from €100 to €98 (€100 minus the €2 discount).<br/>
+The taxable amount will therefor be equal to €98 (€100 - €2 discount).<br/>
-The ''VAT amount'' is calculated based on the taxable amount, so 21% of €98 = €20,58.<br/>
+Because the ''VAT amount'' is calculated based on the taxable amount, this value will equal €20,58 (21% of €98).<br/>
-The ''Total amount'' will thereby result in €120,58.
+The ''Total amount'' in this case will be €120,58. And this is how this document should be booked into the accountancy package.

← Older revision		Revision as of 13:46, 7 November 2016
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−	==Financial discount ~~or discount for cash~~==	+	==Financial discount==

	Let's say you have following setup in 1Archive:		Let's say you have following setup in 1Archive:

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-== VERO Configuration ==
+==Financial discount or discount for cash==
-== Financial discount or discount for cash ==
+When a financial discount or a discount for cash is available, the calculations will be as follows:
-In case of a financial discount the booking entry will be as follows:
+* '''Net amount''': €100
-Example, for an invoice of net amount 100 € and financial discount of 2%:
+In a normal situation, the ''VAT amount'' would be €21.<br/>
-* Net amount = 100 €
+In case of a discount situation, the ''VAT amount'' will be €20,58.<br/>
-* Taxable amount: 98 €
+<br/>
-** 100 € – 2%
+'''How is this calculated?'''<br/>
-* Vat amount = 20,58 €
+With a discount percentage of 2%, the taxable amount is €98 (because €100 - 2% = €98).<br/>
-** Calculation based on the taxable amount
+The ''VAT amount'' is based on the taxable amount, so 21% of €98 = €20,58.<br/>
-*** 21% of 98 €
+The ''Total amount'' will thereby result in €120,58.