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Object documentationDown Payments to Draw Locate this document in the navigation structure

 

This window displays open and paid down payment requests and invoices created for a specific business partner.

For Korea, you can see only an A/R or A/P down payment request that has the same business place as the relevant A/R or A/P invoice.

To access the window, create an invoice and click Browse (Browse).

Some of the fields described below are not displayed by default, but must be selected in the Form Settings window. To open the Form Settings window, click Form Settings (Form Settings) in the toolbar.

Note Note

This topic documents fields and other elements in this window that either are not self-explanatory or require additional information.

End of the note.
Down Payments to Draw Fields
Selection

To draw a document into the invoice, select the checkbox in the relevant row.

Document Number

Document number of the down payment document.

Document / Row Type

Indicates the document type.

Remarks

Contents of the Remarks field in the down payment invoice.

Tax Code

Indicates the tax code of the tax group specified in the down payment.

Net Amount To Draw

Specify the net amount of the down payment document that you want to draw to the invoice. This is the amount of the down payment document that was paid and not yet drawn into an invoice. If you specify the net amount to draw, the gross amount to draw is calculated automatically and vice versa.

Tax Amount To Draw

Total tax amount of the down payment that is drawn into the invoice. The calculation is based on the net or gross amount to draw that you specify.

Gross Amount to Draw

Gross amount of the down payment that should be drawn into the invoice. This is the amount of the down payment document that was paid and not yet drawn into an invoice. If you specify the gross amount to draw, the net amount to draw is calculated automatically and vice versa.

Open Net Amount

Amount of the down payment that was paid and can be drawn into the final invoice.

After the invoice is created, this amount is updated according to the amount drawn.

Open Tax Amount

Tax amount of the down payment that is still open and can be drawn into the invoice.

Open Gross Amount

Gross amount of the down payment that was paid and can be drawn into the invoice.

Total Net Amount

Original total net amount from the down payment document.

Total Tax Amount

Original total tax amount from the down payment document.

Total Gross Amount

Original total gross amount (total net amount + total tax amount) from the down payment document.

Document Date

Document date of the down payment document.

Country-specific Field: Chile
Apply Current VAT Rates

Note Note

You need to apply to the GSC via Support Tools for an activation code to make this checkbox available.

End of the note.

Select this checkbox to apply the VAT rates in the final invoice to the down payments drawn instead of using the original rates in the down payment invoices.

When drawing from paid down payment requests, however, you cannot apply the VAT rates in the final invoice to the down payments and selection of this checkbox is invalid.

If some or all of the original VAT rates in the down payment invoices are different from those in the final invoice, the balances due in the final invoice may be different when the checkbox is selected or not selected.

Caution Caution

You should take this difference into account and consult with your tax advisor whether it is acceptable.

End of the caution.

Note Note

When a down payment invoice is partly drawn on, application of VAT rates in the final invoice does not change the tax rates of the remaining down payment. Nevertheless, if the checkbox is selected on the first drawing, it must be selected on later drawings for the same down payment invoice; if the checkbox is not selected on the first drawing, it cannot be selected on later drawings.

End of the note.

Example Example

A down payment invoice is created and later drawn to a final invoice. Both documents have only one row of item or service.

Down payment invoice total amount =1000; Down payment VAT rate =19%; Final invoice total amount =2000; Final invoice VAT rate =20%

  • Checkbox not selected: Balance due =(2000−1000) +(2000×20%−1000×19%) =1210

  • Checkbox selected: Balance due =(2000−1000) +(2000−1000) ×20% =1200

There is a difference of 10 between the two scenarios.

End of the example.

When there is more than one tax rate in the final invoice, every down payment drawn is split into portions applied with different tax rates. The amount of each portion is proportionate to the percentage the items or service with the same tax rate constitute of the total amount of the final invoice.