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Automatic settlement of VAT rounding differences

Read here what the limits are for automatically and manually settling VAT rounding differences.

Written by Jèsel Broekema
Updated over a week ago

Automatic VAT settlement

When reading documents, Zenvoices automatically settles (VAT) rounding differences up to 0.05 for financial transactions with the following proposal strategy:

  • proposal strategy 'Last transaction - VAT recognition'

  • proposal strategy 'Master data'

  • proposal strategy 'Transaction templates'.

Manual VAT settlement

The button to manually settle VAT is visible if the following conditions are met:

  • The difference in amount is 0.01 or 0.02 and

  • There is a transaction line with a VAT amount

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