When you make a manual journal entry that involves VAT, you don't have to remember which VAT account, group, and rate apply to each situation. The VAT calculator does the work for you —  enter the gross amount, pick the scenario, and Briox inserts the correct VAT rows directly under the row you're working on, with the right accounts, debit/credit sides, and amounts pre-filled.
Briox also checks the VAT codes are correct and updates the Gross amount to net.

Contents 

Where to find it

How to use it

Keyboard navigation

Include the calculator in the tab sequence

-------------------------------------------------                                                                                                                                                                               

Where to find it  

On any manual journal entry, a small calculator icon appears on every editable row. Click the icon on the row you'd like to add VAT rows to.

How to use it 

• Enter the gross amount on the purchase or sales account you want to use.
• Click the calculator icon on the row.  
• Pick the transaction type — Purchase or Sales — from the dropdown
• Pick the VAT type that matches the transaction (see Supported VAT types below).
• Pick the VAT rate.
• Briox suggests sensible defaults based on the row's account and amount; review them and adjust if needed. Briox also checks the VAT codes are correct and updates the Gross amount to Net.
• Click OK. The required VAT rows are inserted directly under your source row, with the correct accounts and amounts already filled in. 
• Briox also checks the VAT codes and if a code is missing on an account, it can be entered on the fly.
• Briox also updates the Gross amount to Net. 
• Clicking Cancel closes the modal without changing the journal — nothing is inserted.                      
  
  

Keyboard navigation 

• Use the Tab or Enter key to reach the calculator.
• Use Enter to activate it.
• The modal traps focus while open, so you can Tab through the modal and press Enter to cancel or approve the calculation. 

Include the calculator in the tab/enter sequence                     

You can choose whether the calculator icon should be part of the standard Tab sequence when you move between fields on a journal row.                                        

You find the settings under Settings - Company Settings -  Activate functionality - VAT Calculator.