Purpose: figure out how many VAT‑inclusive purchase invoices are needed this month so that the VAT payable equals your chosen amount. Assumes a fixed VAT rate of 16% (Palestine/Jordan standard). All entries are VAT‑inclusive unless noted.
| # | Invoice | Supplier | Date | Amount (incl. VAT) | Action |
|---|---|---|---|---|---|
| Total existing | 0.00 | ||||
Formulae: VAT component of a VAT‑inclusive amount A at rate r% is A × r / (100 + r). Required purchases inclusive = ((Sales VAT − Desired Payment) × (100 + r)) / r. Remaining = max(Required − Existing, 0).