Manage VAT reports
Section Content
About VAT report preparation
In Visma Net, you can prepare a VAT report for a particular tax agency.
About VAT report release
Once you prepare the VAT report in the Prepare VAT report (TX501000) window, the Process VAT report (TX502000) window automatically opens.
About operations with VAT reports
Once you prepare the VAT report in the Prepare VAT report (TX501000) window, the Process VAT report (TX502000) window opens.
Prepare a VAT report for an open reporting period
You use the Prepare VAT report (TX501000) window to generate a VAT report for a specified tax agency.
Prepare VAT report for closing VAT periods
Before sending your VAT report to the authorities, you need to prepare the respective VAT period.
Prepare a supplementary year based VAT report
To send to the tax authorities a supplementary VAT report for the entire year, you need you need to close the respective VAT period.
Reconcile VAT and the general ledger
If there are unreleased transactions with a VAT ID in the system, you will get a warning when you are preparing the VAT report.
Prepare an RF-1301 report
Process an RF-1301 report
Report cross-year debit adjustments
Create a VAT adjustment document
Release a VAT report
Release a VAT report for a specified tax agency and to close corresponding reporting period.
Process and close VAT periods
These instructions show you how to close the VAT period for the prepared period and how to send the report to the authorities after the closing.