VAT distribution Field, Payment Terms Table

This field specifies the way in which VAT is distributed between the different bills generated from an invoice.

It can be one of three types: First Installment, Last Installment and Proportional.

First Installment means that all of the VAT is charged plus a percentage of the remainder, which is flagged by the % of Total field in the Installment table, in the first bill generated.

Last Installment means that all of the VAT is charged plus a percentage of the remainder, which is flagged by the % of Total field in the Installment table, in the last bill.

Proportional means that the total VAT included is distributed between the different bills generated based on the percentages specified in the % of Total field in the Installment table.

To view a list of possible options, click the field.

Tip

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Parent Tables

Table	Location
Payment Terms Table	Purchases and Payables
Payment Terms Table	Purchases and Payables