When you create an expected invoice, there are two ways to enter the VAT.
1. By entering the VAT rate (%) associated with the invoice.
Create your expected invoice by clicking on the ➕ in the blue banner at the top.
Choose a VAT rate from the list of proposed rates or define a custom rate by clicking on Define VAT at the bottom of the list.
2. By entering the total amount of VAT associated to the invoice
Create your expected invoice by clicking on the ➕ in the blue banner at the top.
Click on Set up the VAT at the bottom of the VAT rates dropdown list.
Click the % to the right of the custom rate input field to switch to amount entry mode.
Enter the total VAT amount associated with the invoice and press Enter 👍
💡 Entering a total VAT amount rather than a single rate is very convenient when you have several different VAT rates in one invoice.
💡 Good to know: Agicap's VAT information helps you keep track of everything but cannot be used to calculate the exact amount of your VAT to be disbursed.
💡💡 Very good to know: Your VAT amount from an expected invoice is not included in the calculation of your VAT forecast displayed on the cash flow plan.