Country Settings tab - Project Settings window

Country Settings icon Use the Country Settings tab to manage country-specific settings that are used within the Invoice Header Locator, the Invoice Group Locator or within an invoice validation method.

Countries

This group lists the countries added to the project by their name. By default, the following countries are available in a project:

  • Germany

  • United States

  • France

  • Spain

  • United Kingdom

Use the following buttons to manage your countries:

Button

Description

Add icon   Add

Adds a new country. The Country Selection window is displayed.

Delete icon   Delete

Removes the currently selected country from the country list.

Settings for <Country Name>

The values for this group change depending on the country that is selected in the Countries pane. The following settings are available:

Tax rate settings

Select the tax rate from one of the following values:

  • VAT (e.g. Europe)

    For European documents that use tax rates, the Amount Group Locator can search for amounts using the following equations for tax rates.

    NetAmount * TaxRate = TaxAmount

    NetAmount + TaxAmount = Total

  • Sales and Use Taxes (e.g. US)

    Sales and Use Taxes tax model is used in the USA. Several optional sales or use taxes can be applied to the net amount. Typically, all sales taxes are applied to the same net amount. The actual tax rate depends on the city, county, and state (or some other regional boundary). Frequently, the tax rates are not printed on the invoice, and therefore are considered as unknown. The following equation is used for validating an invoice with sales or use taxes.

    SubTotal + Postage + Packaging - Discount + TaxAmount1 +…+ TaxAmount4 = Total

    An international invoice typically does not contain taxes. They can be processed in projects with either of the tax models. No special settings are required to specify the validation of an international invoice.

Use the following buttons to manage your tax rate settings:

Button

Description

Add icon   Add

Adds a new tax rate to the selected country.

Delete icon   Delete

Removes the currently selected tax rate from the list.

Most countries have different tax rates for good and services. For example, the United Kingdom has three different VAT rates. The standard rate of 20% is applied to most goods and services. A reduced rate of 7% is applied to goods and services such as health products, fuel, and heating. The third rate is called zero rate for 0% and is applied to goods and services like food, books, and clothes for children.

Maximum allowed rounding error

Specify how close the calculated values need to match those found on the document.

This value is set to 0.02 by default.

The following buttons are available at the bottom of this window:

Button

Description

OK

Closes the window and saves your changes.

Cancel

Closes the window without saving your changes.

Help icon  Help

Displays the help for the open window.