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For the purposes of calculating VAT /GST when generating the proforma remittance, the system uses the date the proforma remittance is generated to determine if the contractor is VAT /GST registered, by referencing the validity period on the Payee record that applies on that date, and to determine the tax rate that applies.

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This enhancement allows the proforma remittance functionality to be used to generate documents that meet the definition of a valid tax contractor self-bill tax invoice when issued to a VAT /GST registered contractor. In turn, that allows the pay company to claim the VAT /GST that is paid forward to the contractor at the time when the proforma remittance is generated without the need to wait until the contractor is paid.

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