Calculation "Special VAT Regime" (paragraph 66 in SR)

According to SK/CZ legislation, if a leasing company buys an item from a non-VAT payer, or without the possibility of VAT, it is necessary to calculate installments in a special way (SK legislation: Section 66 of the VAT Act). This method is based on the fact that VAT is calculated only on the surcharge of the leasing company, not on the principal itself.

Important note: it is possible to perform this method of calculation in the OC, but only by creating a contract payment calendar (buttons Calculator lines or Complete calculation). Calculating the Annuity payment without VAT using formulas (or the Payment Calculation button) does not support this method of calculation.

To create a calculation:

• The user creates calculations/contracts as for a standard object (in the regular VAT mode)

• If Contract Type = Single Subject, the user switches the Special VAT Mode flag to A on the Object card (this is not allowed for multiple Subject Contracts).

• On the Financing tab, there is a calculated field Special VAT Mode (Calculation tab).

• The user then creates a payment calendar by clicking on Calculator lines (or Complete calculation).

• As a result, a payment calendar is created with VAT calculated under the special VAT regime (VAT Base for the special regime and VAT Amount for the special regime).

For settings and the exact method of calculation, see Fakturace prodej .

Financial leasing with delivery of goods under a special VAT regime

It is described here Finanční leasing s dodáním zboží ve zvláštním režimu DPH