This feature is only available on the Direct, Streamline and Optimize product tiers.
Smart Split is a tool that helps you split the total value of supplier’s invoices or receipts across two or more tax, description or nominal codes.
A Smart Split rule enables you to specify a fixed amount or percentage split for a supplier. Whenever documents from the supplier are submitted, line items will be created in accordance with your Smart Split rule. This saves you having to manually review line data every time an item is submitted from a regular, routine supplier.
- For example, a fixed amount line item is great for splitting out a flat shipping cost from the total value.
- Percentage splits are perfect for splitting the costs across two tax codes.
If you create just one line, then the remainder will be calculated as per the general rule you have.