Datamolino extracts all the key information, including:

  • Supplier name
  • Supplier VAT number
  • Invoice description
  • Invoice reference number
  • Issue date
  • Due date
  • Tax amount
  • Total amount

In the Detailed user plans, Datamolino can also capture:

  • Invoice line item description
  • Invoice line item amount

What data is exported and how is the TAX calculated in XERO? (April 14th, 2015)

Invoice without items: 

When you export the invoice when no line items are present, the TOTAL is sent as "tax inclusive", the TAX is calculated by your accounting software pursuant to the default associated with the ledger account that you have chosen.

Line items with NET value:

When the line items on the original invoice contain only NET values, Datamolino captures these. Since the tax rate is not specified on the item level, only the NET value is extracted, the other fields remain blank in Datamolino. The NET value is sent to cloud accounting as "tax exclusive" and the TAX is calculated by your accounting software pursuant to the default associated with the ledger account that you have chosen.

Line items with TOTAL value:

When the TOTAL line item value can be captured or calculated, this value is exported to cloud accounting as "tax inclusive" and the TAX is calculated by your accounting software pursuant to the default associated with the ledger account that you have chosen.

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