In VAT4U, the correction status feature is designed to assist users in monitoring the need for invoice and receipt corrections to ensure compliance with specific regulations. This tool helps identify and track documents requiring adjustments, supporting adherence to relevant VAT guidelines. It also helps to monitor correction statuses.
 

Please note that this status must be manually edited by the user, as the system does not update it automatically.

Go to the Manage Expense table where you will find options to filter by Correction Status and Correction Type:

You can change the Correction Status to the following options:

• Required: Indicates that a correction is needed.
• Requested: This means that you have asked the vendor to provide a correction.
• Corrected: Marks that the correction has been provided.
• Rejected: Indicates that the correction request was denied.
• Not Verified: The default status for invoices that haven’t been reviewed.
• Not Required: Indicates no correction is needed.

To further clarify the type of correction needed, you can specify the Correction Type:

• Restyle Invoice: Request the vendor to make adjustments to the existing invoice;
• Issue New Invoice: Ask the vendor to generate a completely new invoice.

You can also change the Correction Status and Correction Type directly from the invoice data entry view. Here’s how:

1. Locate the invoice or receipt image.
2. Find the correction fields situated right below the invoice image.
3. Update the Correction Status and Correction Type as needed.