To complete this operation, you need to go to the dedicated chart of accounts space (Settings > Charts of accounts > select the entity and then go to the ‘VAT recovery’ tab). Here, you will set up the VAT recovery and pre-calculation rules for recovery.
Configuring VAT recovery according to natures
VAT recovery is set up in three steps:
- In the first column, tick the VAT rates that may apply to expenses of this nature.
- If you want Cleemy to pre-calculate the VAT on one of the ticked rates, simply click on the appropriate button in the second column.
- The two other checkboxes indicate whether the user has the right to modify the VAT pre-calculated by Cleemy and whether a ‘Foreign expense’ box will appear when the user spends money abroad, but in their country’s currency (typically in the Euro zone): the VAT on their expense will be ignored.
Configuration for a non-French legal entity
You may have added a new legal entity to your Lucca platform and want to link a chart of accounts to set up VAT recovery, if applicable.
These are the steps for configuring the VAT:
- Create an entity in the database (via the help desk)
- Create a chart of accounts for this country and link a legal entity to it
- Create VAT applicable to the country in question in the VAT menu (cogwheel > VAT - if you do not have access, ask your senior administrator or the help desk)
- In the ‘VAT Recovery’ section, set up the VAT that applies to each nature