VAT categories (TX205500)

This topic gives you information about the elements that you find in this window in Visma.net ERP, such as fields, field values, buttons, and check boxes.

You can use this window to create VAT categories, or to view or edit existing VAT categories.
A VAT category groups the taxes that are applied to products or services of the same type.

If you are in the list window, the first line in the table is a search line. Each column has a search field which you can click to search for or filter on specific values and narrow down the displayed table rows. You can search and filter in as many columns as you need to, to only display the results you want to view.

There are two types of search fields:

  • White: here you can type a specific search term to display results in this column containing this exact value. If you search on several (partial) words, you can separate them by a space or % and get different results:

    • space: the result contains the words in any order,

    • %: the result contains the words in the specific order, and the % functions as a wildcard as well.

  • Grey: you can click this to open the column filter pop-up window where you can filter the results for this column.

Here, you can specify an identifier and description for a new VAT category, or select an existing category to view or edit its details.

Element Description
VAT category ID The unique ID of the VAT category. An alphanumeric string of up to six characters.
Description A detailed description of the category.
Active When selected, this VAT category is active.
Exclude listed taxes When selected, this VAT category should exclude the listed taxes from VAT zones.
Standard VAT code The standard VAT code to be used on documents.
VAT type

The type of VAT, which defines how it is processed.

The following options are available: Sales, Purchase, and Both.

This table contains the list of individual taxes for the VAT category.

These taxes are generally included unless the Exclude listed taxes check box is selected for the category.

Column Description
VAT ID

The ID of the VAT included in the category.

Once you select a VAT by its ID, the other columns of the row are filled in.
Description The detailed description of the VAT item.
VAT type

The type of VAT, which defines how it is processed.

The following options are available: Sales, Purchase, and Both .
Calculate on The way the VAT amount is calculated, which can be one of the following:
  • Extract from item amount:
    The VAT amount is included in item amounts and should be extracted.
  • Document amount:
    This is a first-level VAT calculated on the document amount, not on a per-item basis.
  • Document and VAT amount:
    This is a second-level VAT calculated on the document amount and the amount of the first-level VAT.
Cash discount The method of calculating the taxable amount if a discount is applied (based on the payment terms). It can be one of the following:
  • Reduces VAT amount:
    The discount is taken on the total amount calculated for the document.
    The VAT amount is decreased by the discount.
  • Does not affect VAT amount:
    The discount is taken on the document total, but the VAT is also calculated on the document total.
    The VAT amount is not affected by the discount.