In this article
Banana Accounting is set up to manage the VAT according to the regulations of the Federal Tax Administration:
- Type of accounting
- On the issued invoices
- On cash received
- Method
- Effective method report (with deductions of the paid VAT)
- Flat tax rate method.
Specific reports for Switzerland
Specific reports for Switzerland are provided, that present the date as requested in the form of the Federal Tax Administration:
- Report for the Effective method
- Report for the Flat tax rate method
Using the Swiss VAT function
In order to ne able to use the specific Swiss VAT functions, the VAT codes have to be set up according to the regulations.
Hereunder the necessary setup for the VAT codes is being indicated.