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Why do I have different VAT calculations?
Why do I have different VAT calculations?
Tjeu Hendrickx avatar
Written by Tjeu Hendrickx
Updated over a year ago

In MICE, VAT is calculated on the total amount of an event or invoice to ensure the final amount and VAT calculation are identical, even when an invoice is structured in different ways.

Why we don't calculate and round off VAT per invoice line

Some accounting software calculate VAT per invoice line which can lead to varying amounts for the same invoice.

An example:

A group op 20 guests has 4 coffee breaks. If you bill per coffee break you will get a different outcome than if you add up all coffee breaks.

In MICE, there is no calculation difference:

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