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Item - The deducted service, work item, or reason for deduction.
- Content - Details or description of the deduction.
Quantity - Quantity being deducted.
UOM (Unit of Measure) - Measurement unit for the quantity.
Price - Unit rate of the item.
VAT% - Applicable VAT rate
- VAT Amount - VAT calculated on the deduction.
Note: VAT rate and amount shown % and VAT Amount in this tab are for calculation purposes only and will not be posted as Input VAT or treated as recoverable VAT. Proper VAT accounting requires recording an Invoice Received for the deductionoutput VAT in the future Invoice Received. Proper VAT posting can be done by issuing the Invoice document for subcontractor's deduction-related transactions.
Amount - Total deduction value before VAT.
Total Amount - Total deduction amount including VAT (Net + VAT).
- Subcontractor WBS - Optional code to identify work as defined by the subcontractor
GL Account - Ledger account where the deduction is posted.
Department - Department responsible for or related to the deduction.
Business Activity-Type of business activity associated with the deduction
Income Item-Income category or account linked to the deduction
Comment-Free-text field for notes or explanations about the deduction
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