<?xml version="1.0" encoding="utf-8"?>
<OptionList ID="/baanerp/tc/domains/tvat" xml:lang="en">
	<Header>
		<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">VAT Type</Title>
	</Header>
	<ListValue ID="normal"><Value>Normal</Value>
		<Paragraph>SSA ERP adds the tax amount to the net amount, which results in the gross amount on invoices. Furthermore, SSA ERP directly includes the chargeable or payable tax amount in the tax analysis in <GUIRef href="/baanerp/tf" role="package">Financials</GUIRef>.</Paragraph>
	</ListValue>
	<ListValue ID="shifted"><Value>Shifted</Value>
		<Paragraph>SSA ERP does not add the tax amount to the net amount, but posts it to a tax account. Simultaneously, SSA ERP generates a reverse entry on a tax contra-account in <GUIRef href="/baanerp/tf" role="package">Financials</GUIRef>.</Paragraph>
		<Paragraph>In the tax analysis, the tax amount is included twice: once as an entry on the tax account, and once as a reverse entry on the tax contra-account.</Paragraph>
		<Paragraph>In the European Union, shifted tax can be used for purchase invoices from other EU countries. Such purchase invoices do not state any tax, but when you post them you must calculate a fictitious tax amount against the national tax rate. This tax amount is included on the tax report as both chargeable and payable.</Paragraph>
	</ListValue>
	<ListValue ID="on.payments"><Value>On Payments</Value>
		<Paragraph>This tax is paid in the same way as normal tax, but only becomes reclaimable or payable after the invoice has been paid. The tax is posted to an interim account and will only be transferred to the real tax account when the invoice is paid. If this type of tax is used in another type of transaction, the tax amount is directly posted to the tax account.</Paragraph>
	</ListValue>
</OptionList>
