I understand it. But since I’m not a Manager developer and I am doing it in my little spare time (and I really want to do it!) I would like to see the whole picture before doing the job many times maybe with a possible abortion of the project like we have seen before.
Just to clarify how it works in Italy with IVA, ie Italian VAT.
Basically we have only five codes:
22%, ie full charge which has changed during years (it was 18, than 20, than 21)
10%
5%
4%
0%
0% is divided mainly between out of VAT application and real 0% tax. But then you have to choose from many group and subgroup that should be shown in the e-invoices… so they are compulsory.
Than for all of them you have reverse charge, so it is a complete permutation of the previous codes.
Than for some of the 0% IVA you have a fixed amount tax (stamp duty).
Than again, IVA codes are used to determine different taxable bases on which apply different taxes.
@alwakeel, your request was moved to this topic. It was not related to the topic where you posted it. Please do not divert topics with unrelated issues.
@lubos, do accounting keys in chart of accounts affect the use of Report transformations when applied to an already established business which has maybe other names or numbers for accounting keys ?
I have set up a localized VAT report for my country but can’t seem to figure out how to split between VAT from puchases versus VAT from sales when it comes to inventory items. This type of split is needed for the formal localized VAT report. As inventory items can only be assigned one automatic VAT code is there maybe some workaround I am missing ?
EDIT: I prefer not to manually select Tax code when inventory items are purchased or sold.
From what I understand is that Belgium has three official and legal languages, which also requires each legislation to be in these languages. Only to ask for Flemish (Dutch variant) and not including French and German may not be appropriate.
I would have preferred just to use a country list and where more than 1 language is needed to add these localisations. Either way the argument here is that Belgium needs more versions.