Normally, after we have created the Payments for all the Recipients within a specific Accounting Statement, if we did things correctly the Net Income is balanced with the amount Paid Out.
Do you need to include different VAT amounts in an Invoice for 1 Recipient?
As it is not possible to apply different VAT amounts in 1 Invoice, you will need to create 2 Invoices by creating 2 Payments for the same Recipient.
Learn how to do this step by step!
To illustrate, let’s explain it with an example:
The Agency is in charge of collecting the Booking Payments, as well as the Tourism Taxes. These concepts have each a different VAT Percentage; both items need to be Invoiced by the Agency.
1. Create your Payments as usual which will apply the Strategies you have set up
2. Go to the Payment for which you need to create 2 Invoices + go to Edit
3. Once in the Edit Mode, delete the items from THIS Payment, that should have a different VAT amount in the Invoice. For example, delete all Tourism Tax charges from the Agency’s Payment. (See picture below)
4. Save this Payment and Create the Invoice (which will contain everything, except the Tourism Taxes)
5. Create a new Payment for the Same Recipient - to account and invoice what has been deleted in the previous Payment. Following the example, this is for the Agency to invoice Only the Tourism Taxes.
6. Go to Edit Payment and delete ALL Items EXCEPT the Tourism Taxes and Save. (See picture below)
7. Create the Invoice of the new Payment selecting the correct VAT amount
To keep in mind:
To summarize, after the Accounting Statement is balanced, if you want to add another Payment with a different Invoice to any Recipient within that same Statement you can! But you have to be careful to not duplicate the Payments you already have created previously, otherwise the system will state in the “Paid Out” section that you are paying much more money than the money that you are earning.
Another reason to be careful is that at the moment you are adding a “New Payment” you may have already generated invoices for those previous payments. We do not want duplicated Invoices; We don’t want to do a MESS!
So at the moment you are adding this “New Payment” REMEMBER to click on “Remove” and remove all the previous Accounted items from the “New Payment” you are about to add. (See the orange arrows in the picture below)
By removing all these previous payments you already did, keep in mind that you are not deleting them from the original Accounting Statement, you are simply removing them from this payment do not DUPLICATE THEM.
Great Job!!! This is how you generate multiple Invoices for the same Recipient applying different VAT Amounts.