Hi For smaller businesses we have an alternative kind of VAT called Saldosteuersatz (Balance based taxes). They work similar to regular VAT with a few key differences.
On Regular VAT i have a sales order for products with a total amount of 100.- witch will create a 108.- invoice (+8% VAT). These 8% will be posted to the Tax Account in GL. At the end of a periode i have to pay whatever amount is inside this account. 108 -> Accounts Receivable (Debit) 8 -> Tax Payable On Balance based taxes I am allowed to bill the customer with VAT-Rates but are only obliged to pay taxes of 6% of the invoices total. I have the same sales order for 100.- resulting in an invoice of 108.-. But this time the 8% VAT shall not be posted to GL at all. In the end of the year i have to pay 6% (Balance based tax rate) of the billed 108.- resulting in a payment of 6.48.-. 108 -> Accounts Receivable (Debit) (Bill) 6.48 -> Tax Payable *I would like to hear your opinions about how to best implement this.* I could implement the 8% taxes with price rules (Default Price + 8%) and implement the 6% as VAT. The problem here is that the resulting invoice will show a total of (product price) + (price rule) + (Vat) -> 100 + 8 + 4.48 = 114.48 while i'am only allowed to invoice 108.-. Correct would be: 1) A Bill for the amount of Product Price + VAT = 108.- 2) 6% of 108.- posted to the Tax account Freundliche Grüsse Adrian Stern unchained - web solutions [email protected] +41 79 292 83 47
