VAT increase from January 1, 2021 (license with Fibu interface and / or finance manager)

In the following we explain the steps that are implemented in BUSINESS to implement the sales tax increase are necessary if you have a license with Have a general ledger interface and / or finance manager.

If you have not licensed either of the two modules, please switch to the wiki page VAT increase from January 1, 2021 (license without accounting interface and finance manager).

Reserve one now Date, if you need support in adapting the general ledger interface.

Check in the financial administration that the required G / L accounts are stored for the tax rates 16% and 5% as well as for the tax rates 19% and 7%.

For each tax rate, G / L accounts are required for the following assignments:

When you create G / L accounts, you assign the following account types to the accounts:

• Accounts for revenues and discount granted = account type Revenue account
• Accounts for sales tax and input tax = account type Balance account
• Account for cost of goods = account type Expense account

If you would like to divide your income over several income accounts, you should also enter these G / L accounts in consultation with your tax advisor. As usual, these are then available for assignment to individual positions or courses.

A detailed description of how to create G / L accounts can be found on the Wiki page G / L accounts.

Check that tax rates 16% and 5% as well as tax rates 19% and 7% are present in the financial administration. Also check the allocation of the revenue, expense and tax accounts for each tax rate.

In the transition phase before January 1, 2021, you need the tax rates that are still valid for billing current services and the future tax rates for the preparation of offers for services that you will only perform after the key date.

If not all tax rates are available, create the missing tax rates. A detailed description of how to create tax rates can be found on the Wiki page Headsets.

You should use the new tax rates now for the output of offers and order confirmations for services that you will only provide after January 1, 2021.

For service specifications with the VAT procedure a tax rate excl. / incl. :

• Set in the project administration for the service specifications on the tab List of services / offer / order the new tax rate. When the change is saved, the new tax rate is passed on to all items in this LV and the LV is ready for printing.
  

For service specifications with the VAT procedure several tax rates excl. / incl. :

• Set the new tax rate within the position processing at the individual positions. On LV on the tab List of services / offer / order define which tax rate is preset for the LV when creating new items.
  

Have at the positions of the LV on the tab assignment Assigned different revenue accounts, this assignment will be removed with the tax change at the LV or at the positions, since the existing revenue accounts do not match the new tax rate. Assign the corresponding revenue accounts for the new tax rate to the items.

During the Multiple machining In the comfort search of the project management, a comfort function is available for changing the revenue accounts at the positions.

The Multiple processing of LV financial data Within the LV search, you can switch several LVs to the new tax rates and revenue accounts at the same time. The assignment of the new VAT rates and revenue accounts is transferred to the LV as well as its items and LV surcharges / discounts and is directly available for printing offers, order confirmations, invoices, etc.

A detailed description of the program function can be found on the Wiki page Multiple processing of LV financial data.

When creating a new LV in the project management, the VAT rate is automatically preset for the LV, which is in the addresses of the client in the field Default tax rate is fixed. There is the entry is stored, the VAT rate is pre-assigned when creating a new LV that is in the Program parameter 60.10.160 is defined.

If you would like the new tax rate to be preset for all newly created LVs for a customer, you should adjust the address of the respective customer on the tab Details> Address the material moisture meter shows you the Default tax rate accordingly.

Have a license with the module Customer compass enables you to Multiple processing of address data within the address search, changing the default tax rate at several addresses at the same time.

The function of multiple processing of the address data takes into account the addresses selected in the search result:

• First carry out the address search with the desired search criteria. If not all of the courses displayed in the search result are to be processed, select with Ctrl or Shift the desired addresses.
• With the help of the search category Address property you can for example post the selection of addresses Clients restrict.
• During the Column selection there is also the new column Default tax rate ready. Filter or group the records in the table by to changethe tax rate and execute the multiple processing.
• If necessary, repeat the process for the second new tax rate.
• If no address is selected, all addresses of the search result are taken into account for multiple processing.

A detailed description of the procedure can be found on the Wiki page Assign address data.

Have a license without the module Customer compass is available to you to change the default tax rate at addresses with the property Clients the function in the company data VAT maintenance is available for storage, management and analysis.

During the Default You define the addresses on the tab Details> Addresswhich entry when creating new addresses in the field Default tax rate is preset. Adjust the default if necessary.

When creating a new LV, the VAT rate is preset, which is stored in program parameter 60.10.160 if no other default tax rate is defined for the customer.

If you want the new tax rate to be used, adjust the program parameter 60.10.160 accordingly.

In the program area Services you can store revenue account assignments for your standard services, which are transferred as an item when a service is transferred. If a tax rate is defined in the financial administration for the revenue account that is assigned to the standard service, the revenue account for the standard service is only adopted if the tax rate of the revenue account matches the tax rate of the LV.

First select the standard service in the service tree and then open the tab on the right-hand side of the screen assignment. In the selection field Revenue account you can assign a revenue account to each service individually.

The function Multiple processing of financial data for standard services enables you to quickly change the revenue account for several standard services at the same time.

A detailed description of the function can be found on the Wiki page Multiple processing of financial data for standard services.

If possible, write a partial final invoice. Please note the tax regulations for partial fees.

Identification of the tax difference on TSR / SR
You can control partial final and final invoices in the print menu using the option Show tax changes in detail like the tax difference from previous advance payment invoices in the band Calculation of added value is shown:

on a separate line	include in the declaration of the VAT of the increase in value

time limit
In order to clearly delimit and avoid later misunderstandings, the document date, posting date and service period for December invoices should be in December 2020, for January invoices in January 2021.

Fibu transfer of the tax transfer in TSR / SR
Generated after installing the patches from 13.08.2020/XNUMX/XNUMX DATAflor BUSINESS 2020 with the printing of the final invoice, cancellation bookings on the accounts of the higher tax rate and new bookings on the accounts of the lower tax rate. The postings receive the document date of the final invoice.

You can find all information on the general accounting transfer of tax transfers in TSR / SR on the Wiki page Notes on the general ledger transfer of the tax transfer in TSR / SR.