VAT management

You have to setup this screen before launching the VAT declaration for the first time. This setup is available from Tools > Setup > General setup > Accounting > VAT management > VAT declaration assistant.

Field	Description
Last declaration on	Indicates the date of the last CA3 declaration.
by performing the steps	In green: indicated the completed steps. In red: indicates the non completed steps.
Cancel the last VAT	Allows you to cancel the last CA3 declaration.
Roots of receipts income accounts	Allows you to specify the root accounts (class 7).
Roots of debit income accounts	Allows you to specify the root accounts (class 7).
Roots of expense accounts at receipt	Allows you to specify the root accounts (class 6).
Roots of expense accounts at debit	Allows you to specify the root accounts (class 6).
Book-keeping Accounts	Account for booking tax rounding amounts greater than zero: Allows you to specify the account on which credit the VAT. Linked project: Allows you to specify the project linked to the Account for booking tax rounding amounts greater than zero. Account for booking tax rounding amounts less than zero: Allows you to specify the account on which credit the VAT. Linked project: Allows you to specify the project linked to the Account for booking tax rounding amounts less than zero. Account corresponding to the VAT to disburse: Allows you to specify the account on which disburse the VAT. Account for a VAT credit (deductible > collected): Allows you to specify the account on which credit the VAT. Journal: Allows you specify the journal in which the VAT declaration entries are stocked. By default, the entries are stocked in a miscellaneous transactions journal. Payment journal: Allows you to specify the bank journal to use to pay the VAT.

This menu allows you to set up each VAT code and rate that will be used later on in Akuiteo. This setup is available from Tools > Setup > General setup > Accounting > VAT management > VAT codes and rates.

VAT setup

Field	Description
Code	Specify a VAT code.
Label	Specify a label for the VAT code.
Rate	Specify the VAT rate.
Valid from to	Specify a start and a end date.
Sales FA	Specify the collected VAT account matching the rate defined for a sale (i.g. an account for the 5.5% VAT rate).
Purchasing accounting	Specify the disbursing VAT account matching the defined rate for a purchase (i.g. an account for the 5.5% VAT rate).
on fixed asset	Specify the disbursing VAT account for fixed assets. It is only the 20% VAT rate.
Rate	Normal rate: Allows you to indicate it is the normal VAT rate (i.g. 20% VAT). Reduced rate: Allows you to indicate it is the reduced VAT rate (i.g. 0% VAT).
Overseas departments	Check this box to indicate that the VAT code will be used for operations in overseas departments.

Reverse charge procedure setup

1

This section is only about the 20% VAT rate for which you can reverse charges.

This section is divided in three parts and two columns:

• The Overdrawn column matches the debit accounts and the In credit column matches the accounts to credit.
• The Local section is only about the operations made in your country.
• The Intra-community section is only about the operations made in Europe.
• The Export section is only about the operations made internationally.

This screen is about the billing of customers located in overseas departments because the VAT is different from the one in continetal France. It allows you, inter alia, to replace the VAT rate defined by default on a sold or purchased item by another VAT rate to apply for this specific customer. This setup is available from Tools > Setup > General setup > Accounting > VAT management > VAT domains.

Field	Description
Code	Specify a code for the VAT domain.
Label	Specify a label for the VAT domain code.
Dates	Specify a start and a end date.
Initial VAT	Specify the initial VAT.
Final VAT	Specify the final VAT.

This setup is done per company and enables you to automatically translate the following labels in the Purchases and Sales modules:

• VAT;
• Rate 2.

Akuiteo allows you to define a rate for the countries with additional rates (i.g. Canada which has two different rates).