How do I change my Tax/Vat percentage on NebulaCRS/eRes?

How do I change my Tax/Vat percentage on NebulaCRS/eRes?

For properties which need to change their Tax or VAT amounts as per the changes initiated by their government, the below will assist the System Administrator on the correct procedures

1. Operational Procedures:
A new tax rule can be created with the start date being the date of the change. For example if the new tax amount change is starting on 31 May 2021 then the tax rule should start on 31 May 2021.
Do not delete or change the existing tax rule.


2. How to add the Tax Rule:

  • On NebulaCRS Navigate to InventoryBD21298_ Hotels

  • Select the property need to add the tax rule for:




  • Select the Tax Rules tab and click on the New button. Enter the Start date the Tax Type and the new percentage, thereafter select the “Save” button.

  • The start date can be set in the future for when the new tax rule should start applying. This start date will refer to reservations arriving from that date onwards.




  1. The VAT percentage will now have changed.


What to expect after the Tax Rule Addition
3. What to expect after adding the Tax Rule:
Reservations made before the change

All the reservations made before the change will still reflect as the old VAT percentage.

  • In the below example the reservation was made before the VAT of 15% was added. Please note the VAT amount of 245.61. The original VAT rule was for 14%


Reservations made before the VAT percentage change will reflect as 14%. 

However should the user make a financial change to the reservation for example extend the duration of the reservation or increase the number of rooms or adults, the reservation will then automatically update and assume the new 15% VAT should it fall within the new tax period

  • Please see the below example of a future reservation created before the 15% VAT Tax Rule was added. This reservation falls within the increase period but will only update after a financial change is made.

  • Note the VAT amount 270.18.


  1. The Reservation is amended to 2 nights, the new VAT percentage is triggered and the change is reflected.


  • Note the VAT amount 573.91.


Reservations made after the change

All future reservations will immediately reflect the new VAT percentage without any added intervention.

  • In the below example the reservation is made for a future date, after the 15% VAT Tax Rule was added. This reservation is in the period of the VAT increase. Please note the VAT amount of 286.96.


Reservations made over the VAT increase period

If a reservation is made after the 15% VAT Tax Rule is added, but this particular reservation falls between the dates of 30 March 2018 – 2 April 2018, the system will apply 14% VAT to the reservation. Please see the below example.

  • Please note the VAT amount of 810.53.



Rates
Should clients need to change Rates to account for the new VAT percentage, Rate Periods can be built as normal with the new Rate Season/Period starting from date of change.

Templates

  • When Templates such as the Pro-forma and Tax Invoices, indicate the old VAT percentage as on the Terms and Conditions please get in touch with your Client Success Team in order for the templates to be updated.

  • Please contact Client Success Team in advance for these amendments. Templates will not be updated over weekends or after hours



    • Related Articles

    • How do I change my Tax/Vat percentage on Apex?

      For properties which need to change their Tax or VAT amounts as per the changes initiated by their government, the below will assist the System Administrator on the correct procedures The below steps should be followed: 1. Operational Procedures: The ...

    • How do I change my Tax/Vat percentage on NebulaPMS?

      For properties which need to change their Tax or VAT amounts as per the changes initiated by their government, the below will assist the System Administrator on the correct procedures 1. Operational Procedures: The tax amount should be changed on the ...

    • How do I change my Tax/Vat percentage on PlusPoint?

      For properties which need to change their Tax or VAT amounts as per the changes initiated by their government, the below will assist the System Administrator on the correct procedures 1. Operational Procedures The tax amount should change on the date ...

    • Updating eRes and NebulaCRS URLs

      For clients and partners who are still connecting to eRes / NebulaCRS by using the endpoint URL's/ Shortcuts/Links which contain the element apps.hti-systems.com please update this element to nebulacrs.hti.app to connect to eRes/NebulaCRS instance - ...

    • eRes and NebulaCRS V2020.0

      Defects Resolved Zoho Number Module Version Description Zoho Desk Number CRS-I889 Interfaces 2020.0.3447 Invalid date range - Booking.com error An additional check was added to prevent a date before the current date from being sent for Rate closeouts ...