Uniconta can operate with VAT with multiple VAT rates.
This is done by using both rate and rate 2.
Below you can see the setup, the draft entries, simulated bookkeeping and the VAT calculation.
Example 1. VAT rate 2 is set to 18.75, as representation.
A draft is now created that draws on the VAT code IREP
The simulation shows that Uniconta will form the records below.
The field under "Formula VAT" outlines how the VAT calculation is made when there are two rates.
Example 2. VAT rate 2 is set to 10.
A draft is now created that draws on the VAT code IREP
The simulation shows that Uniconta will form the records below:
The field under "Formula VAT" outlines how the VAT recovery is done when there are two rates.
A draft is now created that draws on the VAT code IREP
The simulation shows that Uniconta will form the records below.
The field under "Formula VAT" outlines how the VAT calculation is made when there are two rates.
Example 2. VAT rate 2 is set to 10.
A draft is now created that draws on the VAT code IREP
The simulation shows that Uniconta will form the records below:
The field under "Formula VAT" outlines how the VAT recovery is done when there are two rates.