Visma Net

Prepare VAT report (TX501000)

This topic gives you information about the elements that you find in this window in Visma Net, such as fields, field values, buttons, and check boxes.

You use this window to prepare a VAT report that is intended for a specific tax agency and spans a particular VAT reporting period.

If your company has multiple companies, you prepare a VAT report for each company.
Once the VAT reports are prepared for all companies, you can release them in the Process VAT report (TX502000) window. If you have set the File VAT by branches for the company in the Organisations (CS101500) window, you have to prepare all branches before you can release the VAT report

The window toolbar

Button	Description
Prepare VAT report	Generates a VAT report for the selected tax agency for the specified reporting period, and generates the reporting periods for a new calendar year if there is at least one taxable document in this year.
View VAT periods	Directs you to the VAT periods (TX207000) window to view more details.
Unreleased documents	Generates a VAT report for all unreleased documents from the general ledger, supplier, customer, cash account, and inventory.
Inquiries	Select one of the following inquiries windows from the button's drop-down: VAT report details (TX502010) VAT account control summary (TX40300S)

The top part

You use the elements in the area to select a branch (one of the consolidation branches), tax agency, and VAT period for which reporting lines will be displayed.

Element	Description
Company	The company for which the report will be prepared. Select the required company from the list. By default, the current company is selected. This field is available only if the Multi-branch support check box is selected and enabled in the Enable/disable functionalities (CS100000)Enable/disable functionalities (CS100000)window.
Branch	If the setting File VAT by branches is set for the company, you have to select which branch to prepare.
Tax agency	The ID and name of the tax agency for which the VAT report is intended. In Visma Net, tax authorities are defined as suppliers. The suggested tax agency can be defined on the VAT information tab in the Organisations (CS101500) or Branches (CS102000) windows.
Reporting period	The reporting period (VAT period) you want to use.
Status	Informs the status of the report.
From	The start date of the chosen period.
To	The end date of the period you have selected.

The table

This table lists the reporting lines with the amounts for the period.

Select the Hide rows with no amount check box to display only rows with VAT transactions.

Column	Description
Report line	The report line defined for the tax agency report.
Description	The description of the report line.
Amount	The VAT amount accumulated for the report line.
VAT box number	This contains the code used in the electronic report to the government. Lines without a code will not be included in the report.
From VAT period	The first the VAT period to report from.
Report line no.	This is the line number that is created by the system.
To VAT period	The end of the VAT period to report from.
Sort order	Here you can enter a value that is used to sort the report lines in the windows Prepare VAT report (TX501000) and Process VAT report (TX502000).
VAT zone ID	This is used if the values should be used for only one VAT zone. It is not used in standard reports.