🔓 Permissions required
Team permissions: View invoices, Manage draft invoices
Project permissions: View fees, manage fees, view invoices, manage invoices, update projects.
Reading time | 2 min |
Set up time | 5 min |
Number of steps | 4 |
I/Determine the amount excluding tax
Determine which amount excluding tax is concerned by this VAT regulation. It can be an amount for one phase or several.
Then, in the "Fees" tab of your project, click on "Appendices".
II/Create annexes in the project
You will create two appendices:
- The first with the negative amount excluding VAT to be regulated, associated with the old VAT rate. Save.
- The second with the positive amount excluding tax to be regulated, associated with the correct VAT rate. Save.
Here, I want to regulate an amount excluding tax of €1000. They were charged 10% VAT and I want to regulate them at 20% VAT.
III/ Activate the module
Go to the settings of your project > Billing, and activate the "Tax rate by phase activated" module. Click on the small green cog.
You will find all the phases of the project, and, at the bottom, the annexes.
Match the negative annex with the old VAT rate, and the positive annex with the correct VAT rate.
IV/ Invoice the regulation
Once this is done, you will be able to invoice these two annexes on the next invoice.
In the invoice > elements, do not forget to select the two annexes by clicking on "x selected" so that they appear on the invoice, then to put the progress at 100% if this has not been done in the "Progress" tab of the project.
It’s done! 🎉 You have performed a VAT regulation on OOTI.