VAT tolerance set too low

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Posted on by Claire999

Hi,

is there a way that allows you to record VAT differences that are more than a few pence.

At the moment our customers are receiving invoices that do not state the actual base on which the VAT is calculated they just have to pay the excess plus the VAT over the whole amount. They now have to calculate the actual base themselves to put on the invoice with 20% VAT, put in a negative line for the base minus the excess with no VAT on.

With OCR they are able to capture all the fields required but BC doesn't allow them to post as the VAT is not 20% of the excess they have to pay, it is way more but we don't seem to be able to post the purchase invoice unless the VAT calculation falls within the set tolerance.

Thanks,

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JAngle 133 on at

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check the general ledger setup. A field called "Max. VAT Difference Allowed" controls how much the calculated VAT can be altered by

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Claire999 92 on at

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Thanks, have found the field.

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