VAT Statement

The VAT Statement report contains many improvements which enable the user to:

Add Stat. Reporting Setup with general setup for VAT reporting.
Add two new operation rows (Row Division and Row Multiplication) in the Type field.
Add setup for VAT from advances.
Filter the VAT Entries selection for the VAT statement line by the EU Triangular Trade field. This is required, as EU (European Union) triangular trade (middle person – 1 debtor) must be reported in separate rows.
Print the VAT Statement report with a new option to round off calculated amounts in the VAT statement to the nearest whole value.
Filter data based on VAT date using VAT periods.
Filter data for the posted VAT statement of later date.
More VAT statement types – Recapitulative, Corrective, Supplementary (by §43 part 1 of VAT Law 235/2004) – payer can submit a supplementary VAT statement.
Export the VAT statement to an .xml file.
Add comments and attachments to export to the tax authorities.

See Also