{"id":141081,"date":"2026-08-19T09:26:53","date_gmt":"2026-08-19T09:26:53","guid":{"rendered":"https:\/\/docs.daftra.com\/?post_type=faq&#038;p=141081"},"modified":"2026-08-23T08:59:04","modified_gmt":"2026-08-23T08:59:04","slug":"how-is-the-net-tax-settlement-amount-calculated","status":"publish","type":"faq","link":"https:\/\/docs.daftra.com\/en\/faq\/how-is-the-net-tax-settlement-amount-calculated\/","title":{"rendered":"How is the net tax settlement amount calculated?"},"content":{"rendered":"<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"auto\">For each tax type present in the report results, the system generates a separate journal entry containing the following lines:<\/p>\n<ul class=\"[li_&amp;]:mb-0 [li_&amp;]:mt-1 [li_&amp;]:gap-1 [&amp;:not(:last-child)_ul]:pb-1 [&amp;:not(:last-child)_ol]:pb-1 list-disc flex flex-col gap-1 pl-8 mb-3\" dir=\"auto\">\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\"><strong>Income VAT:<\/strong> The full income VAT amount for that tax type, as shown in the report.<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\"><strong>Outcome VAT:<\/strong> The full outcome VAT amount for that tax type, as shown in the report.<\/li>\n<li class=\"font-claude-response-body whitespace-normal break-words pl-2\"><strong>Settlement Account:<\/strong> The <strong>net amount<\/strong> \u2014 Income VAT minus Outcome VAT \u2014 is posted to the account you selected during settlement.<\/li>\n<\/ul>\n<p class=\"font-claude-response-body break-words whitespace-normal\" dir=\"auto\">In other words, the entry doesn&#8217;t just post the net amount \u2014 it records the full Income VAT and Outcome VAT as two separate lines, then shows the net difference between them in the selected settlement account.<\/p>\n","protected":false},"author":23,"template":"","categories":[2096],"tags":[],"class_list":["post-141081","faq","type-faq","status-publish","hentry","category-journals-reports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How is the net tax settlement amount calculated? - Daftra Knowledge Base<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/docs.daftra.com\/en\/faq\/how-is-the-net-tax-settlement-amount-calculated\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How is the net tax settlement amount calculated? - Daftra Knowledge Base\" \/>\n<meta property=\"og:description\" content=\"For each tax type present in the report results, the system generates a separate journal entry containing the following lines: Income VAT: The full income VAT amount for that tax type, as shown in the report. 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Outcome VAT: The full outcome VAT amount for that tax type, as shown in the report. 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