Pay Batch - Pay Batch Close Actions

When the pay batch is closed, the following actions have been applied so that any VAT/GST adjustment applied will be automatically included.

Country	Area	Field	Description

Country	Area	Field	Description
All countries	EFT Transactions	Amount	The value that is used for the payment to be made to the contractor will include the VAT/GST adjustment
	Payslip	GST/VAT	The VAT/GST adjustment value will automatically be included in the GST/VAT field in the payslip data tables. This field is used not only for payslips but also for finance integration.
		GST/VAT YTD	This field will include the amount of VAT/GST Adjustment. If a payee is to receive a retrospective refund of VAT/GST that spans multiple tax years, this field will potentially show a negative value.
		GST Adjustment	The adjustment value is stored separately and can be used in custom reports or to display separately on payslips if required.
		GST Adjustment Type	If the adjustment is negative, this will store a type of Credit. If the adjustment is positive, this will store a type of Invoice. This is so, this wording can be used in the payslip output to define if a self bill invoice is a credit or invoice. This is useful if the VAT/GST adjustment can only be added in a pay batch where no other payments/deductions for the payee are made.
		GST Adjustment Description	The adjustment reason is stored so that this can be output onto the payslip as to the reason for the adjustment.
United Kingdom	FPS	No Tax/No NI	Where the payee is a deemed contractor, the VAT adjustment value will be included into the No Tax/No NI Pay field on the FPS along with the calculated VAT value.