In dit artikel
The Banana Accounting procedure for VAT management requires entering the VAT code always on the line where the income is recorded. When accounting is managed based on turnover, the income is recorded when the invoice is issued.
When subject to VAT using the balance rates or flat-rate method, customer invoices must be issued using the normal rates (e.g., 8.1%). However, the accounting of invoices under the balance rates or flat-rate method involves reduced rates (e.g., 6.2%).
- If the amounts are gross, you can record them based on turnover or on cash received, by entering the VAT code in square brackets.
- If the amounts are net, it is not possible to create and post the invoices at the same time. In this case, it is necessary to manage:
- The creation of invoices in an accounting file, using the integrated invoicing or with the Offers and Invoices Application
- The posting of invoices in the accounting file.
In this case, the creation of the invoices must be handled in an accounting file or with the Offers and Invoices Application, and the posting in a separate accounting file.
Issuing an Invoice with Balance Rate and Gross Amounts
To issue an invoice to customers with the normal rate (e.g., 8.1%), it is necessary to create in the Accounts table:
- A customer sub-account using the CC3 profit centers (example: ;10001), completing all customer information in the columns of the Address view.
- Enter the date and description in the corresponding columns.
- The Debit and Credit columns must remain empty.
- In the Amount column, enter the amount.
- In the VAT Code column, type the code V81 in square brackets [V81].
VAT codes in square brackets do not result in any VAT posting. - In the CC3 column, indicate the profit center account without a semicolon (e.g., 10001).
As there are no accounts in the Debit and Credit columns, the invoice creation entry will not be posted.
Posting an Invoice with Balance Rate and Gross Amounts
When recording the invoice in the accounting, to post it using the VAT balance rate, you must enter the transaction as usual, also entering the accounts in the Debit and Credit columns and the VAT code of the balance rate:
- If the VAT breakdown method is used, enter the VAT code for the balance rate (e.g., F1). In this case, the VAT Codes table includes the VAT rates for the balance. In example F1 corresponds to 6.2%.
- If the non-VAT breakdown method is used, enter the VAT code without rate (e.g., F1). In the VAT code table, the balance rate codes do not have rates.
To post the invoice using the balance rate, it is necessary to create in the Accounts table:
- A customer sub-account using balance sheet accounts.
- Enter the date and description in the corresponding columns.
- In the Debit column, enter the customer account (e.g., 10001).
- In the Credit column, enter the income account.
- In the Amount column, enter the amount.
- In the VAT Code column, type the VAT code for the balance rate (e.g., F1)
