The VAT Report elaborates and displays the VAT calculation according to the selected period and parameters.
- Select, from the Account1 menu, the VAT report command
All the transactions with VAT/Sales tax are included.
All totals of operations with VAT/Sales tax, grouped per individual account, are included.
All totals of operations with VAT/Sales tax, grouped per individual VAT code, are included.
All totals of operations with VAT/Sales tax, grouped per individual percentage, are included.
Also the unused codes of the VAT Codes table will be listed.
The operations with VAT/Sales tax are grouped according to the groupings of VAT Codes table.
By activating this cell, the transactions are sorted on the basis of a preselected option (Date, Doc., Description, etc….).
- only code specified (by selecting from the list)
- only group specified (by selecting from the list).
The information relating to the other sections are available on the following internet pages:
VAT Report / transactions with totals by code
The overall total in the last row of the VAT report has to correspond with the amount for the end of period of the Automatic VAT account, Balance column, on the condition that both of them refer to the same period.
The data of the VAT report can also be transferred to and elaborated by other programs (f.i. Excel, XSLT) and be presented in formats that are similar to the forms of the tax authority
For Switzerland, one can automatically obtain a document similar to the form that has to be sent to the VAT office. This form shows the amount to enter for each number. Please consult (in German, French, or Italian) MwSt-Formular 2011-2012.