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    • How to register a return of goods or services from the EU to a supplier?
    Returning purchased goods or services to a supplier from the EU or third countries. As of 2023-09-01, imputed VAT general register entries are being recorded; it is mandatory to fill in the specified parameters for smooth operation starting from September 1st. How to create a new correspondence account in the chart of accounts? in the chart of accounts: General ledger → Chart of accounts Create new correspondence accounts for recording imputed VAT. We recommend creating separate correspondence accounts:for purchased goods;for purchased services (non-EU goods);one common correspondence account for imputed VAT deduction (for both goods and services).Filling in parameters: Settings → Settings → AccountingAssign VAT classification to the VAT rate. Registers → Warehouse → VAT ratesCreate a return operation type Registers → Warehouse → Operation typesRecording imputed VAT in the general register when registering How to register purchase invoices when purchasing goods from the EU? (FR0600).Warehouse → SalesIn the return position, it is necessary to specify the VAT classification:Use the appropriate classification for goods returns: PVM 16, PVM17, PVM18;Use the appropriate classification for service returns: PVM20, PVM21, PVM37, PVM38, PVM39, PVM40, PVM41, PVM42;Based on the assigned classification, an entry is made in the program to record imputed VAT in the General register and the necessary fields of the FR0600 form are filled in automatically:Save the return entry;Check the imputed VAT recording in the double-entry: Note. Correspondence accounts for imputed VAT do not need to be linked to declaration articles.Changes regarding automatic imputed VAT recording only apply from 2023-09-01. If an entry with a date before 2023-09-01 is adjusted, the imputed VAT recording will not be applied.The instruction provides example correspondence accounts from the chart of accounts; to ensure data accuracy, we recommend using correspondence accounts according to your company's approved chart of accounts and accounting policy.
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    Accounting Software

    How to register a return of goods or services from the EU to a supplier?

    Returning purchased goods or services to a supplier from the EU or third countries.

    As of 2023-09-01, imputed VAT general register entries are being recorded; it is mandatory to fill in the specified parameters for smooth operation starting from September 1st.

    1. How to create a new correspondence account in the chart of accounts? in the chart of accounts:

      General ledger → Chart of accounts

      Create new correspondence accounts for recording imputed VAT. We recommend creating separate correspondence accounts:

      • for purchased goods;
      • for purchased services (non-EU goods);

      • one common correspondence account for imputed VAT deduction (for both goods and services).

        New correspondence accounts for imputed VAT recording

    2. Filling in parameters:

      Settings → Settings → Accounting

      Filling in parameters for imputed VAT recording

    3. Assign VAT classification to the VAT rate.

      Registers → Warehouse → VAT rates

    4. Create a return operation type

      Registers → Warehouse → Operation types

    5. Recording imputed VAT in the general register when registering How to register purchase invoices when purchasing goods from the EU? (FR0600).
    6. Warehouse → Sales
    7. In the return position, it is necessary to specify the VAT classification:
      • Use the appropriate classification for goods returns: PVM 16, PVM17, PVM18;
      • Use the appropriate classification for service returns: PVM20, PVM21, PVM37, PVM38, PVM39, PVM40, PVM41, PVM42;

      • Based on the assigned classification, an entry is made in the program to record imputed VAT in the General register and the necessary fields of the FR0600 form are filled in automatically:

        Imputed VAT recording entry in the general register

      • Save the return entry;
    8. Check the imputed VAT recording in the double-entry:

      Imputed VAT recording double-entry

    Note.

    • Correspondence accounts for imputed VAT do not need to be linked to declaration articles.
    • Changes regarding automatic imputed VAT recording only apply from 2023-09-01. If an entry with a date before 2023-09-01 is adjusted, the imputed VAT recording will not be applied.
    • The instruction provides example correspondence accounts from the chart of accounts; to ensure data accuracy, we recommend using correspondence accounts according to your company's approved chart of accounts and accounting policy.