What information is included in the split lines?

The following information is included in the split lines, based on the combination of the source transaction and the options you set in Scheduled Payments Setup (SCH):

The following information is included in the split lines, based on the combination of the source transaction and the options you set in Scheduled Payments Setup (SCH):

  • Journal line details such as transaction reference, period, date, account, description and analysis codes, are copied from the original line onto the split lines.
  • Rounding adjustments are applied on the first or last split line, depending on the Rounding Amounts option.
  • Using the Tax Treatment option, you can include all tax in the first instalment and then apply the split to the remainder of the debtor/creditor amount, as is legally required in some countries on this type of business transaction. Alternatively, you can divide the tax equally over all the split lines, or add it only to the last line.