System Variable 1174: Allow Manually Adjusting VAT Amounts in Company Currency for Creditor Invoices in Status 40 and 50

Use this System Variable to determine if manually editing VAT amounts in the company currency should be allowed on Creditor Invoices using a foreign currency.

This System Variable is disabled by default. When it is enabled, WorkBook adds Edit Total VAT Amount in Company Currency to the grid toolbar in Finance & Administration > Creditors > Creditor Invoices.

Note: This functionality is only available for companies using European VAT.

The total invoice amount is not changed, and it is only the VAT amount in the company currency that is affected. This System Variable allows finance users to override the currency exchange rate in WorkBook for specific VAT amounts and make sure that the invoice is posted with the highest possible accuracy. The new VAT amount should be within the deviation threshold identified in System Variable 1175.

The Creditor Invoice whose VAT amount you want to change must be in Status 40 - Approved or Status 50 - For Booking. If the Creditor Invoice is in another status, you will be prompted with the following error message:

The creditor invoice must be status 40 or 50.

It may be necessary to perform a refresh when modifying System Variable values.