Contract Transfer (Fin. Lease with Delivery of Goods)

Procedure for the transfer of a contract with the delivery of goods

The general procedure for the transfer of the contract, including the transfer of leasing with the delivery of goods, is described here: https://iao.atlassian.net/wiki/x/AgDKAQ (Step 3, "Finish" button)

Recapitulation:

• Based on OneCore Settings, field Balance VAT on Leasing with Delivery of Goods

  • Yes

    • Calculation inputs are generated for VAT variants - delivery of goods

    • When transferring a change copy, the following documents are automatically generated and posted: 

      • Credit note (correction document) for the original customer 

      • Invoice (new tax document) for a new customer 

  • No

    • Calculation inputs and tax documents for the transfer of taxable supply are not generated

Other adjustments related to financed VAT on the transfer of the contract are described here:https://iao.atlassian.net/wiki/x/oYU3CQ

Documents Posted on Transfer of Contract with Delivery of Goods

Fee Invoice

If a fee was specified in the Contract Transfer Wizard, a fee sales invoice for the fee is generated that is not posted, see https://iao.atlassian.net/wiki/x/pAHPAQ.

The fee is not included in the total taxable performance of the contract, so it is VAT Prod. Posting Group on the invoice line, copied by default from the used Standard Sales Code.

VAT Credit Memo for Original Customer

A corrective tax document is created on the basis of generated calculation inputs, see Faktura na DPH při dodání zboží, with the following differences:

• Customer is taken from the last posted payment

• Customer-related data are not taken from the contract, but are filled in in the standard way (when validating the customer), e.g. the customer's default bank account (Preferred Bank Account Code on the Customer Card)

VAT invoice for new customer

see Faktura na DPH při dodání zboží

A new tax document is created on the basis of generated calculation inputs, see Faktura na DPH při dodání zboží

Financing Contract

If a sales invoice (tax document) for a new customer has been generated and posted, overrides Original document number on the contract header, field Document No. - Tax Invoice upon Delivery of Goods

Transfer of a contract with VAT financing to another customer

If there is VAT on the contract, the system will calculate and invoice extra when posting Financed VAT Difference

Calculation of the Financed VAT Difference

If the invoiced VAT of the contract is financed and at the same time Settle VAT on leasing with delivery of goods = Yes in OneCore Settings, then the system calculates Financed VAT Difference = A - B, where:

And = original tax liability of the posted documents (VAT of the entry fee + VAT of the principal, VAT of interest, VAT insurance, etc. from the accounted installments) 
B = Posted VAT Payment Regulations (sum of Delivery VAT Payments from the posted Installments)

Document Creation

• Documents are created based on the calculation input for the transfer of taxable supply and VAT (usually a credit note for the original customer and an invoice for the new customer)

• If it is difference Financed VAT nonzero, it will be filed in both documents New Line For this difference, where:

  • G/L Account = it is found from the OneCore Posting Setup for VAT payment, i.e. for a combination of:

    • General Posting Groups from the Contract

    • Currency

    • Line Type = Common

    • Source Data = VAT Payment for Delivery

    • To Invoice = Yes

    • Invoice = Yes

  • Description = Settlement of VAT in Payments

  • Amount = Calculated Difference Amount

  • VAT Prod. Posting Group = From Contract Header From the VAT Posting Group Field Payments on Delivery of Goods - Corrective Document ("Excl. VAT")

• Maturity date:

  • Credit Memo = Working Date

  • Invoices = Due date of the last regular payment in the payment calendar