Download UK VAT Dual Currency Template In Excel

UK VAT Dual Currency Invoice is a ready-to-use excel template that allows you to issue a VAT compliant invoice in two different currencies.

A dual currency invoice is prepare when the goods or services are supply from a foreign location or in foreign currency. It is mandatory by law to mention the tax amount in sterling with the applicable exchange rate.

UK VAT Dual Currency Invoice Excel Template

We have created the UK VAT Dual Currency Invoice excel template with predefine formulas. It will help you to issue the invoice with 2 currencies. One is Sterling Pound and another currency of other country whichever is applicable.

Contents of UK VAT Dual Currency Invoice Template

This Invoice template contains 2 worksheets: UK VAT Dual Currency Invoice Template and Customer Database Sheet.

Customer Database Sheet

The customer sheet contains details of customers like company name, address, contact details, and VAT numbers, etc. The user just needs to enter the name only once in the sheet.

The customer sheet is link to the customer details section of the invoice template using data validation and VLOOKUP. Customer information can fetch on the invoice with the help from the dropdown list.

UK VAT Dual Currency Invoice Template

The template consists of 4 sections: Supplier Details, Customer Details, Product Details, and some Other Details

Supplier Details (Your Company Details)

This section has your company name, address, logo, VAT registration number, and Invoice heading.

Customer Details

The customer detail section consists of the Invoice number, date of issue, payment due date, and number of days between the issue date and payment date.

You don’t have to type customer details in this section. It is pre-program using data validation and VLOOKUP function. Just select customer name from the dropdown list and it will automatically fetch all customer details such as an address, VAT number, and contact details.

As this invoice is in two different currencies, insert the currency conversion rate in the cell. In this template, we have taken USD as other currency and thus given the conversion rate. If you have any other currency, mention the currency’s alphabetical code and respective conversion rate.

Product Details

This section consists of the following columns:

Description of Products
Unit Price (USD)
Unit Price (GBP)
Taxable Value (USD)
Taxable Value (GBP)
Percentage of VAT
VAT Amount (USD)
VAT Amount (GBP)
Line Total (USD)
Line Total (GBP)
Column Totals

Each of above columns calculates the GBP amount base on the conversion rate. Select the VAT percentage from dropdown list.

Other Details

Invoice Summary contains the totals of each column of product details section in both USD and GBP. Additionally, it consists of discount section. The template will automatically calculate the discount Rate and amount.

Lastly, it consists of Invoice Amount. The amount is calculated using this formula:

Invoice Amount (GBP) = Taxable Value (GBP) + Total VAT Amount (GBP) – Discounts (GBP)

Invoice Amount (USD) = Taxable Value (USD) + Total VAT Amount (USD) – Discounts (USD)

Moreover, it consists of “Amount in words” for both the currencies(GBP and USD). This cell auto-populates using Spell Number Function.

In addition to this, it consists of Terms & Conditions along with the space for company seal and authorized signatories. On the extreme left, it consists of the business greeting.

Download this UK VAT Dual Currency template in Excel Format

Our easy to use editable Excel templates and save your significant amount of time and effort. Here’s how to download and use one of our templates:

  1. Download this free Excel Template: Once you’ve browsed through our collection of templates and find the one that best fits your needs. Once you’ve found the template you want, click on the download button.

  2. Replace sample data with your actual data: Once the template is downloaded, open it in Excel. You’ll see that it is already set up with sample data. To start analyzing your own data, simply replace the sample data with your actual data.

  3. Customize the template: Our templates are completely editable, which means you can customize them to fit your specific needs. For example, you can change the formatting, add or remove columns, or create new charts and graphs.

  4. Use the Excel template: Once you’ve fed in your data and customized the template, you’re ready to start using it for data analysis. Use the various tools and features of Excel to analyze and visualize your data, and make informed business decisions.

  5. Save and share: Once you’ve finished working on the template, save it to your computer and share it with other members of your team or stakeholders as needed.

Click Download Button To Get UK VAT Dual Currency Excel Template

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