Charge VAT on Add Funds Credits
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Adam Ošťádal shared this idea 12 years ago
- Payments/Billing
- 61 Comments
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We are company based in European Union. Here we have to pay VAT from every received payment including credit which client deposits onto his client account as credit.
We cannot use current credit system in WHMCS because it is not fully legal in EU.
Is it possible to add some EU-friendly credit system?
1) Client adds funds/credit to his account and gets an invoice where the deposited amount is the amount WITH VAT included and only the amount WITHOUT VAT is added to his credit account.
2) When he uses credit to pay any invoice, there should be following scheme:
SUBTOTAL without VAT - CREDIT = TOTAL WITHOUT VAT + VAT counted from the TOTAL.
We cannot use current credit system in WHMCS because it is not fully legal in EU.
Is it possible to add some EU-friendly credit system?
1) Client adds funds/credit to his account and gets an invoice where the deposited amount is the amount WITH VAT included and only the amount WITHOUT VAT is added to his credit account.
2) When he uses credit to pay any invoice, there should be following scheme:
SUBTOTAL without VAT - CREDIT = TOTAL WITHOUT VAT + VAT counted from the TOTAL.
Merged Ideas
Have Option to Not Create Invoice When Customer Add Funds
Currently WHMCS creates an invoice when a customer add funds to their account.Can we have in the General Setting -> Invoices where we can select an option so that WHMCS doesn't generate an invoice when the customer adds funds to their account.Thanks
Currently WHMCS creates an invoice when a customer add funds to their account.Can we have in the General Setting -> Invoices where we can select an option so that WHMCS doesn't generate an invoice when the customer adds funds to their account.Thanks
tax on add fund invoice
Hello,In europe, we need add tax on all invoice.So, " add fund invoice " generate invoice with tax.Thanks a lot.Luc
Hello,In europe, we need add tax on all invoice.So, " add fund invoice " generate invoice with tax.Thanks a lot.Luc
70 Comments
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2) The VAT for the full amount should be on the invioce, regardless whether the invoice has been paid via credit or not.
1) is possible to fix with the current whmcs. Via template the "invoice" can be formed as a deposit instead. Via hook, the serial invoice number can be reset. Shoulde however be nice if there would be inherent support for this.
2) Already supported by WHMCS
WHMCS shoud however provide a report for the debt part, caused by the credit system.
Besides this how is the accountant of your customer going to handle outgoing payments without invoice?
If you pay credit you need to receive a legal document such as an invoice.