Change the tax charged on a purchase invoice

Change the tax charged on a purchase invoice

Question/Problem 

The tax rate used by your supplier is different than that specified in the stock item record, or the VAT Country as per [System Values | General].

Resolution/Solution 

Before posting the purchase invoice to the accounts, the following steps should be taken from within the purchase invoice:
  1. Click Edit.
  2. Disable the AUTO CALCULATE toggle.
  3. Manually set the tax charged for each item on the purchase invoice.
  4. Click Save Screen when finished.
    1. Remember the invoice will still need to be posted to the accounts.

    • Related Articles

    • How EC Company, Company pays tax and the Tax Ref affect the VAT Return

      Overview When setting up EC companies it is useful to understand what happens when the following fields on the Customer General screen are used: Tax Ref EC Company Company pays tax For all the following both the Tax and EU checkboxes in System Data ...

    • Set Up Tax Rates

      Overview You need to setup your tax rates so that the correct rate is applied when purchasing and selling items. See the video for more information: A step by step guide can be found below the video. Steps In System Setup, open System Data. Double ...

    • EU Vat Import One Stop Shop (IOSS)

      IMPORTANT This is a complex issue, and each business must review and understand EU VAT and IOSS as it applies to their own circumstances. We will be reviewing all the feedback from customers and updating this page as and when new information is ...

    • Tax Configuration for US clients

      Before you begin This article is intended only for US clients using Khaos Control Cloud, if you are based outside the USA please do not use this guide as serious tax issues may occur. Overview Our Training Team will cover the initial setup of your ...

    • Khaos Control Cloud Setup Guide - System Data - Tax Rates

      Introduction This page is intended to compliment the training you undertake to help you set up your Khaos Control Cloud for your business. The Help menu is also available by clicking on the yellow question mark button in the top right of your screen ...