Manual VAT adjustment during the booking of a purchase

You can manually adjust the VAT during the booking of a purchase by following the procedure below.

How to manually adjust VAT during the booking of a purchase

Click View - Purchase Order - Purchases.
Go to the purchase order you wish to create a Post Purchase Invoice for.
Click the Post Purchase Invoice button.
In the Posting window that appears, select the Invoice type, manual VAT adjustments can be made for all three invoice types; Supplier invoice, Duty/Freight invoice and Credit Note invoice.
Click on the Adjust VAT button.
In this window you will notice that a separate line will be generated for each VAT code, so you can make manual changes for each VAT code within the Corrected VAT column.
Tip! A summary of your changes will be displayed in the base of this window.
Once you have made the required changes, click OK to approve them or Cancel to discard them.

You have now manually adjusted the VAT on the post purchase invoice.

Note! Once you have generated the invoice, the difference will be booked as a Manual correction line in the corresponding journal, so that you will have an overview of any manual changes that have been made to the calculated VAT.

Tip! During the creation of the post purchase invoice, the entry no. in the nominal ledger will be displayed in a separate window, make a note of this and then click OK to proceed. You can then go to Financials and locate the relevant journal to see an overview of the manual changes.