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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

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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