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Office balance out by the VAT on disbursements

A
Written by Antoine Larsen
Updated over 2 weeks ago

The VAT on disbursements is not taken into account until the point of billing.

If you credit a disbursement before billing with a TCO or BRO the system will only allow you to credit the net amount.

It will not allow you to allocate against the VAT.

If you have already credited the net amount you will need to reverse this posting before billing the disbursements, then reapply the credit.

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