Defaults

Use these processing options to specify default information that is used during processing, such as the threshold percentage and the manager to be notified when the threshold percentage is reached.

Company

Specify the company that you want to use to consolidate multiple companies for VAT ceiling calculations. If you leave this option blank, the VAT ceiling is monitored separately for each company processed.

Manager Notification

Specify the address book number of the manager who will receive a workflow message. The system sends a message when the amount of VAT ceiling remaining reaches the threshold you specify in the Threshold Percentage processing option. If you leave this processing option blank, the threshold message is sent to the person whose address book number you entered on the VAT Ceiling Revision form.

Threshold Percentage

Specify a threshold percentage for the VAT ceiling. When the year-to-date total of the invoices reaches the VAT ceiling threshold, the system sends a workflow message to the manager who is listed in the Manager Notification processing option. The manager can then notify the company's suppliers to include VAT on their invoices. For example, if you enter 10, the manager is notified when 90 percent of the VAT ceiling is used and only 10 percent remains.

Currency

Specify whether to display amounts in euros in addition to the base currency.

Blank: Do not display amounts in euros.

1: Display amounts in the base currency and in euros.

The system converts currency amounts at the current exchange rate from the F0015 table.

Currency Code - From

Specify the base currency for the report, such as euro (EUR) or lira (ITL).