Suppose the Settlement Between

The lessee and the landlord is done the other way, where the lessee provides certain services to the landlord, imposes the cost of improving the leas property on the lessee, etc. Usually the lease agreement is sign in a foreign currency. In this case the system provides the accounting option of expressing the amount of the obligation in one currency and paying the obligation in the same currency or in rubles recalculat at the exchange rate specifi in the obligation. The rate can be set as a fix value or a type can be select from the catalog and then the system will automatically determine its value on the payment date or stage repayment date of the payment sch ule. Vat accounting scheme.

When entering the liability

You specify the scheme that will take Cyprus Email List vat into account. In the vat internal scheme or in addition to this amount in the vat top-level scheme. Vat rates are also shown here. The choice of the future vat scheme will affect not only the calculation of the amount but also the proc ure for forming the accounting entries includ in the standard operation of the payment and repayment system. Especially when generating prepayment entries for settlements with non-resident tenants, the system will automatically generate entries reflecting the lessor’s obligation to pay vat receiv to the budget. Extension of obligation period.

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By specifying the renewal

Period of the obligation in months the user will BTC Database US be able to extend its validity in the future. Usually the extension of an agreement is formaliz a separate side agreement. Thus the proc ure for extending an obligation agreement in the business agreement accounting. System consists not only of increasing its validity period, but also of automatically generating. A copy of the termination of the original obligation and determining. The new validity period from the date of termination of the original obligation. From the day. Also if all payments and repayments have made under this obligation it will clos   the same procure.