Pay Batch - VAT/GST Stage

Description

When reaching the VAT/GST stage of the pay batch, users can now open the stage and be able to enter a manual adjustment and a reason for the adjustment. This stage opens where a payee is a contractor (not PAYG/PAYE/Employee payee type) irrespective of whether they are VAT/GST registered.

This stage is also visible in the Pay Enquiry.

Field	Description	Rules

Field	Description	Rules
Value	This field shows the calculated VAT/GST made by the system.	The field is not editable.
Adjustment	This field allows an adjustment value to VAT/GST.	A positive or negative value can be entered up to 2 decimal places. The adjustment field is enabled depending on VAT/GST Adjustments on Separate Payslip setting. If the configuration setting is checked on, this means that if there are any other payments/deductions being entered in the pay batch for the payee, the adjustment cannot be added. The adjustment has to be separated into a separate pay batch so that the adjustment appears on its own self-bill invoice. If the configuration setting is checked off, the field is enabled even if there are payments/deductions being processed in the pay batch for the payee.
Total	This is the total of the Value and Adjustment fields.	The field is not editable.
Description	This is to record a reason for the adjustment.	This field is mandatory if there is an adjustment entered positive or negative.

Benefit

This allows users a simpler method of adjusting VAT/GST to output onto a self-bill invoice to the contractor along with a reason for the adjustment.

Configuration

Review the configuration in the Pay Company for the setting VAT/GST Adjustments on Separate Payslip to decide if this is required to be set for your organisation.