eVAT Return

An electronic VAT return is created for a specific period. You can view the breakdown, send to Tax Administration, correct and send again to Tax Administration, and post VAT settlement. If a VAT posting group is to be excluded from electronic VAT returns, you must check the appropriate field in the VAT Posting Setup. See more details here

Overview of Fields and Descriptions

Field / Action	Description
Year	The accounting year to which the VAT return form belongs.
Period	Period to which the VAT return form belongs, two-month or custom.
Status	Status of the VAT return form, can be Open, Sent, or Modified.
Registration No.	Registration number of the company submitting the VAT return form.
VAT No.	VAT number of the company submitting the VAT return form.
Total Turnover	Total turnover of the period on which the VAT return form is based.
Total Sales VAT	Total VAT amount for sales.
Total Purchase VAT	Total VAT amount for purchases.
Repayment Due	Amount due as refund from the tax authority.
Rate	Percentage of VAT rate.
Type	Name of VAT rate.
Amount	Amount per VAT rate.
ReCalculate	Recalculate VAT return form if entries have been posted after creation.
Post	Post VAT settlement. See more details here
Open Log	View action history. See more details here
Breakdown	View VAT return form breakdown. See more details here
Send	Send VAT return form electronically to Tax Administration. Status changes to Sent and receipt sent via email.
Send Modification	Send corrected VAT return form electronically to Tax Administration. Status changes to Sent and receipt sent via email.
Check report for errors	Send VAT return form for validation to Tax Administration and receive errors or estimated payment/refund.
Receipt	Print receipt when VAT return form has been sent to Tax Administration. See more details here
Delete return with RSK	Delete VAT report at Tax Administration.