VAT Calculate on whole document and apply to lines
Toddy_Boy
Member Posts: 232
Hi all
Objects: GB 2.01.B
I realize that Navision calculates VAT on a line by line basis and subsequently rounds line by line.
After many years of operation this now seems to be a problem as the number of invoice lines has increased the VAT rounding has now caused concern. I think the rounding is to 5 decimal places so these values on small invoices are not a problem.
Is there a Navision VAT function that would calculate VAT on the whole document and then apply the relevant portion of VAT value to each line - guessing the answer will be no? Is it possible to reduce the decimal places being calculated to 2 from 5?
If it helps, we currently only deal in GBP.
As always - thanks for any input
Objects: GB 2.01.B
I realize that Navision calculates VAT on a line by line basis and subsequently rounds line by line.
After many years of operation this now seems to be a problem as the number of invoice lines has increased the VAT rounding has now caused concern. I think the rounding is to 5 decimal places so these values on small invoices are not a problem.
Is there a Navision VAT function that would calculate VAT on the whole document and then apply the relevant portion of VAT value to each line - guessing the answer will be no? Is it possible to reduce the decimal places being calculated to 2 from 5?
If it helps, we currently only deal in GBP.
As always - thanks for any input
Life is for enjoying ... if you find yourself frowning you're doing something wrong
0
Answers
-
Hi Toddy Boy,
well, that's how VAT calculation works in versions from 3.0 on. VAT is calculated for the whole document and distributed back to the document lines. You could port this feature to 2.x, but it's quite a task.
with best regards
Jens0 -
Hi Jens
Thanks for the reply ... that's what I thought
Quite a task is coming my way methinksLife is for enjoying ... if you find yourself frowning you're doing something wrong0
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