The VAT group declaration is sent to the VAT authorities for the exemption or reduction of VAT for a group of taxable companies, or it may be required for internal purposes.
Prerequisites
The VAT_VIEC (VAT group import/export code) and VAT_VAHC (VAT group VAT handling code) functions must be activated in the Function control file. At least one VAT group must be defined in Work with VAT group definitions.
If the VAT group declaration is created, then the “normal” VAT declaration transactions for each member in the VAT group are executed (as in the VAT declaration program) and the check box rules are validated. However, the “normal” VAT declaration transactions are not created; the values are stored in a work file.
- Select the VAT group declaration menu item.
- You access VAT group declaration printout.
- Totals per rule
- Indicate if the totals per VAT box rule should be calculated for the list. One VAT box can have several VAT box rules.
- Totals per box
- Indicate if totals per VAT box should be calculated for the list. This list will be used for VAT declaration completion.
- Intervat
- Set to YES if you want to create the official VAT group declaration report and send it to the VAT authorities. Set to NO if you only want to print a control list of the specified list types above. Note: If any adjustments to the calculated amounts on the VAT group declaration report are needed, then you can manually enter corrections. See Manually create VAT declaration corrections (Belgium).
- Follow steps 3-5 in Create the VAT declaration report (Belgium). Exit the routine.
Selection
On this panel you define the selection criteria for the VAT group declaration.
List type
Click OK. Enter the printout parameters on the subsequent panel and click OK.