VAT reverse-charged may be involved in relation to purchase entries with regard to the VAT duty. The VAT regarding the purchasing amount will not be paid by the supplier, but by you as the purchasing party. In specific sectors (such as healthcare and education), you may be VAT exempted (in part). This means that a proportional calculation must be applied where the VAT amount that cannot be reclaimed is entered as costs. In Profit Financial, this was already possible. This also now works in Order management.
This means that the cost amount including the non-claimable VAT is now determined correctly in relation to purchase requests, purchase quotations, purchase orders, purchase invoices and receipts. This also works in obligations and the reconciliation. This applies with regard to VAT reverse-charged in the Netherlands, in the EU and outside of the EU. VAT and costs are journalised correctly and the VAT return is completed correctly. This means that correction entries (for example, based on a self-made analysis) are no longer needed.
You can now process order lines making a multiselection in the purchase order lines. You use this, for example, if part of the purchase order will no longer come. You then process the remainder of the line in the purchase order. You could already do this per purchase order.
The following new OCI links are available:
You can also now use XML orders at Cebeo.