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Clearing temporary VAT account postings (FIFD4601)

Note:

On this panel you enter the selection criteria for transferring VAT amounts from the temporary VAT account to the final VAT account. You can book all your VAT amounts to a temporary VAT account. The VAT is not reported at the time of invoicing. The VAT is reported when the customer pays the invoice. When the payment for the invoices arrives containing temporary VAT handling, then the VAT is reported to the final VAT account and the temporary VAT account postings are cleared.

Selection

Cost
Enter the cost centres of the transactions for which you want to transfer the VAT amount from the temporary VAT account to the final VAT account.
Accounting period
Enter the accounting period of the transactions for which you want to transfer the VAT amount from the temporary VAT account to the final VAT account.
Transaction date
Enter the transaction date of the transactions for which you want to transfer the VAT amount from the temporary VAT account to the final VAT account.
VAT handling code
Enter the VAT handling code of the transactions for which you want to transfer the VAT amount from the temporary VAT account to the final VAT account.