Standard VAT accounts
VAT accounts are divided into two elementary accounts:
VAT Purchase Account
VAT Sales Account
The window menu is divided into five groups:
Accounts with buttons: [Add Subaccount], [Add Account], [Edit], [Delete], [Refresh], [Renumber], [Set As Default]
List with buttons: [Add], [Add Plus Correction], [Add Minus Correction], [Add Plus Correction to Invoice], [Add Minus Correction to Invoice], [Edit], [Copy], [Delete], [Refresh]
Printouts and Reports with buttons: [Printout/Report], [Chart/Analysis]
Posting with buttons: [Post], [View Unposted Entries], [Manual Posting], [View Journal Entry]
EU VAT Declarations with button: [EU VAT Declarations]
Figure 65 List of VAT accounts.
Nonstandard buttons in VAT accounts:
[Set as Default] – allows setting any subaccount as default. Sales and purchase invoices issued in the system are saved to a default account
[Add Plus Correction] – allows the addition of a positive correcting document
[Add Minus Correction] – allows the addition of a negative correcting document
[Add Plus Correction to Invoice] – a positive correction can be also generated for a particular invoice. All data in the correction is then filled in automatically
[Add Minus Correction to Invoice] – a negative correction can be also generated for a particular invoice. All data in the correction is then filled in automatically
[Copy] – copies selected invoice
[Confirm] – confirms a draft invoice
[Cancel Invoice] – cancels a confirmed invoice
[View Unposted Entries] – previews a journal entry created by a default posting scheme. It allows the user to post it, change it, and add additional single-sided entries
[Post] – allows posting of VAT invoices with the use of posting schemes
[View Journal Entry] – previews journal entries for posted VAT invoices generated manually and those created out of posted purchase and sales invoices
VAT accounts window is divided into three panels:
- Accounts Tree – the structure of accounts is presented as tree layout in order to provide transparency and clarity of displayed data
- VAT Invoices – depending on marked account/subaccount, appropriate invoices are displayed in the list
- Filter – allows for the specification of parameters filtering the list of VAT invoices
VAT accounts tree
VAT accounts are by default divided into purchase and sales accounts.
Above the accounts tree, there are quick access buttons which function in the same way as the buttons available in the Accounts button group.
Next to the quick access buttons, there is the parameter Only active which allows the user to filter the VAT accounts with regard to their activity.
List of VAT invoices
The list of VAT invoices displays all the documents registered in the selected account available on the accounts tree.
The list can be filtered by typing the searched value in the line above the column header. On the left side of that line, there is the icon . To filter the list by values, it is necessary to click the checkbox available in the left bottom corner of the list of invoices window.
Invoices that are marked on the list can be additionally summed up by clicking on the icon . The summed up default values are displayed in fields below the columns Dr Amount and Cr Amount. More information regarding the summing-up bar can be found in the manual Getting started with Comarch ALTUM.
Filter panel
The list of VAT invoices can be filtered by opening the filter panel and specifying appropriate values. The filter panel is composed of the following tabs: General, Registration Date, In VAT Declaration, VAT Parameters.
Figure 66 Filter panel on the list of VAT invoices.
General – allows filtering the list of invoices for the selected customer/vendor by document status. The available statuses of documents are the following:
all
unposted
posted
Customer/Vendor – allows filtering the documents issued for the selected entity; the field becomes active after clicking the checkbox next to it
Registration Date – allows for the selection of date on which the searched documents were registered. Filtering on the basis of the registration date may refer to:
particular date – by selecting the values in field: day, month and year
period – by specifying the dates beginning and ending an indicated time interval
In Tax Return – enables to selection of the period of declaration the searched documents must be included in
VAT Parameters – this tab contains VAT parameters and their values. To filter the list of VAT invoices, the checkbox available in the Active column should be checked by the parameters which must be included in the searched invoices
The user may also filter the list of VAT invoices by building individual filters using the filter builder – for more information about the filter builder see the manual Getting started with Comarch ALTUM.