Outside VAT Scope
Overview
Out of Scope entries will be excluded from the VAT Return. The following areas of the system are affected:
Caveats
- Opening Balance tax posting will not be supported in this development.
- Out of Scope only works with a zero Tax Rate.
- Create Allocation Transaction (under & over payments): used to write-off small amounts, does not work with Out of Scope functionality, see How To: Create an Under / Over Payment.
Configuration
System Data
You will need to create the new Out of Scope stock item before you can use it.
- Open a System Data screen .
- Double click on
[ Accounts | Tax Rates ]
. - Unhide the Outside VAT Scope column:
- Open the grid menu .
- Select Configure Grid.
- Use the
Edit Profile for
drop-down to select whether you want the columns to be un-hidden for the current user or for users belonging to a specific user profile. - In the Grid Area of the dialog box, select the Outside VAT Scope column you wish to un-hide by clicking on it (columns can only be un-hidden one at a time).
- Untick the Hide Column checkbox .
- Click 'OK' to save the grid profile and close the dialog.
- Mark Outside VAT Scope tax rate.
- Press Alt+E or click to enter edit mode.
- Press F3 or click to add a new item.
- Add a code
- Add a description, for example Outside VAT Scope.
- Make sure the rate is 0.
- Tick the Out of Scope checkbox.
Note: The setting can only be ticked when the corresponding Tax Rate has a zero rate. - Press Ctrl+S or click to save the changes.
Stock Items
Stock items which are required to be 'Out of Scope' can have their 'Base Tax Rate' set to be Out of Scope.
- Open a Stock screen .
- Open the Accounting screen.
- Press Alt+E or click to enter edit mode.
- In the Base Tax Rate dropdown, select the Out of Scope rate.
- Press Ctrl+S or click to save the changes.
Sales Order - Unhide Out of Scope column
To view Out of Scope items in a sales order, the Out of Scope column needs to be unhidden. This column is read-only.
- Open a Sales Order screen .
- Move to the
[ Sales Orders | Main ]
tab. - Unhide the Outside VAT Scope column:
- Open the grid menu .
- Select Configure Grid.
- Use the
Edit Profile for
drop-down to select whether you want the columns to be un-hidden for the current user or for users belonging to a specific user profile. - In the Grid Area of the dialog box, select the Outside VAT Scope column you wish to un-hide by clicking on it (columns can only be un-hidden one at a time).
- Untick the Hide Column checkbox .
- Click 'OK' to save the grid profile and close the dialog.
- Close the sales order.
Purchase Invoice - Unhide Out of Scope column
To view Out of Scope items in a purchase invoice, the Out of Scope column needs to be unhidden. This column is read-only.
- Open a Purchase Invoice screen .
- Open a Purchase Invoice screen.
- Unhide the Outside VAT Scope column:
- Open the grid menu .
- Select Configure Grid.
- Use the
Edit Profile for
drop-down to select whether you want the columns to be un-hidden for the current user or for users belonging to a specific user profile. - In the Grid Area of the dialog box, select the Outside VAT Scope column you wish to un-hide by clicking on it (columns can only be un-hidden one at a time).
- Untick the Hide Column checkbox .
- Click 'OK' to save the grid profile and close the dialog.
- Close the purchase invoice.
Usage
SPLedger
A new column, Outside VAT Scope is in the grid which will be automatically ticked when the Tax Rate is set to 'Outside VAT Scope'. When ticked, any postings made will be written to the accounting areas, but not appear in the VAT Return.
Notes:
- If the SP ledger posting contains some tax then the 'Outside VAT Scope' option cannot be ticked.
- Out of Scope entries are not supported when using Multi-line SPLedger entries.
Sales Orders
When a Sales Order is created or an additional stock item added to an existing order and the item is Outside the Scope, this is shown in the Tax Rate column. When the sales invoice is issued, this item will not appear on the VAT Return.
Note: sales orders can be raised with a mixture of items both In and Out of Scope.
Purchase Invoices
When a Purchase Invoice is posted, each item that is Outside of Scope will be excluded from the Tax Return.
Note: Purchase Orders and therefore Purchase Invoices can have a mixture of items In and Out of Scope.