Over Francisco

Francisco · ‎23-07-2022

I finally receive the final assessment of the Corporate income tax ( vennootschapsbelasting) for the last fiscal year 2021. My question is how do I manage to register/bookkeep this amount that I already paid to Belastingdienst? 1) should I maybe create a Supplier : Belastingdient and then create a Purchase invoice with the Final Assessment vennootschapsbelasting amount received , and then do as usual? 2) or maybe there is an option like >>match >>Other Withdrawal >> VAT payment. 3) Or there is other method? Thanks for the insights.

Francisco · ‎20-04-2021

hi @Remko Gerritsen I think i understood correctly. Also called by phone earlier to confirm with one of your colleagues. Section 3B is for B2B sales goods. But because I do B2C and I am below Limit Threshold for Belgium and apply Dutch VAT 21% to Belgium individual customers, I have to do all my invoices using the same sales category as of today. Invoice > 21% High Tariff > BTW Angifte 1a. Deliveries / Services taxed at a high rate thanks for the support!

Francisco · ‎18-04-2021

hi @Anonymous I just had the same issue. It seems Visma accounting is not recognising all transactions from bank statements in csv file. For some reason there might be an issue. Maybe someone else can help but i think the most appropriate solution is to create manual bank transactions that match exactly what you have in your bank statement. This way your balance will match in both ( your bank and in Visma). Just remember next time when you generate a bank statement from your bank to do it without including the dates already reconciled .

Francisco · ‎14-04-2021

hi @Remko Gerritsen I did read those articles. Thanks. 1) So basically, if I stay below limit threshold both turnover of Netherlands and Belgium will be treated under same section 1a. Deliveries / Services taxed at a high rate in the VAT declaration. And this means that I am not obliged ( or it is no needed) to make a separation of Turnover Netherlands and Turnover Belgium within my normal bookkeeping unless I want to do it and in that case I should add a sales category linked to new ledger account turnover. Correct? 2)What about situation above limit threshold? Of course, I need to register to get a VAT number in BEL, and file VAT report with Belgium authorities. But in that case, I assume I need to have a separate sales category with a separate ledger account of Turnover Belgium to keep track of my correct Belgium Turnover and not mix it with Netherlands turnover. Correct?

Francisco · ‎13-04-2021

hi VISMA community, I'm thinking to start opening sales to BEL and have a few doubts. My business is mainly B2C (only private individuals), sell online through my website and different channels, currently I only sell in NL and do apply VAT code high tariff 21% goods. I have read that if I open sales to BELGIUM, being below limit threshold now 35000eur ( 10000 eur from July 1st), i do have to charge Dutch VAT to customers, so 21% VAT goods. Perfect, but... If I continue using the same sales category by default 21% Goods on all my invoices to my Dutch and Belgium customers. How do I make the distinction between Turnover Netherlands and Turnover Belgium for my quarterly VAT declaration? Because all the Turnover will probably go to same G/L account 8100 Omzet Hoog and this means that all Turnover ( Dutch & Belgium) would go into section 1a . Leveringen/Diensten belast met hoog tarief in the VAT declaration. When if not mistaken that Dutch Turnover needs to go into section 1a , and Belgium Turnover into section 3b. Leveringen naar of diensten binnen de EU. Thanks

Francisco · ‎09-04-2021

Hi @EMulleners , thanks for the pictures, it is more clear how to create a new sales category and new GL account. But i assume this new category with 0% VAT or no VAT would be for invoices to companies ( when I have their VAT number). Question: If I only sell to private individuals ( people without VAT number), and being below the limit threshold to Belgium, I Know I am obliged to send invoices with dutch VAT 21%. So in that case, what it is recommended? Option A) or B) A) Continue using the default sales category for Goods > VAT code High Tariff 21% (that i currently use to my Dutch customers) B) Create a new sales category e.g. Goods Belgie > select VAT code 21% >Select verkooprekeningen like in the picture below. thanks

Francisco · ‎02-04-2021

@Remko Gerritsen thanks again. I configured my Visma eaccounting as suggested for KOR scheme. One last question though, since in step 4) I removed all VAT codes from normal accounts i use. Now when I have a purchase invoice of a supplier, an invoice come with VAT. Example : simple DPD invoice for shipping of 5eur. (4.13 cost +0.87 VAT). So, my question is, even though I will not do a VAT return on quarterly basis anymore and I will not be able to claim VAT from purchases and investments. How I am supposed to report this invoice in my own accounting? Should I include the VAT code or simply not use it at all?

Francisco · ‎29-03-2021

hi @Anne Steenaart this is super good news! It would also be great that at some point you guys offers e-learnings in English. I am convinced that many entrepreneurs willing to learn more from VISMA, would not even mind to pay for such a course if there was one available. I include myself, maybe soon 🙂

Francisco · ‎28-03-2021

@Remko Gerritsen thanks I think i understood everything. So I need to create a new Ledger Account "Omzet" like in the picture below, without VAT code. Then when creating the new sales category KOR BTW Vrij, i select this accont 8160 Omzet I created, and only then I can link my items or articles to this nwe sales category Products 0% without VAT code.

Francisco · ‎28-03-2021

@Anonymous thank you for such a detailed explanation. You are definitely helping many of entrepreneurs like me. So all in all, this means that what you did since the very beggining was fully correct , right? and that basically the vat return report was rejected when doing it with Visma software just due to another factor but not to the booking itself that you did, right?

Francisco · ‎25-03-2021

hi@EMulleners , would you share an example ( or picture) of how the separate sales category that you suggest would look like? Would it be similar to the one by default 0% goods category that exist already? thanks

Francisco · ‎25-03-2021

@Remko Gerritsen thanks for the swift reply. 4) Clear. 5) If what you mean is that I have to create something similar like this. New category, 0% goods, the ledger accounts for sales transactions seem quite straightforward ( exactly like the default the sales category 0% ) but then under Ledger account not included on the VAT report. What account should i select? I thought this was supposed to stay like this without choice. I noticed that if i choose one account from the dropdown list, all the ledger accounts for sales transactions become automatically void "No account". thanks

Francisco · ‎25-03-2021

Looking forward to the big news and updates coming for this!

Francisco · ‎21-03-2021

@Mayron Beudeker What to do when my debtor is a private customer and not a company? I dont know his/her vat number. For example, customer in France, and i deliver from NL. How do I create my sales invoice? Should i use 0% VAT goods on my items or should i create a sales category VAT for France? Keeping in mind that i am below Turnover tresholds and that i dont have to pay VAT in France.

Francisco · ‎21-03-2021

very good insights! thank you all

Francisco · ‎21-03-2021

hi Visma Support, I found this article super interesting and useful! A few questions though concerning the Checklist for KOR administration change: 1) Quite clear to delete VAT number on company settings 2) Do Company settings>account settings>VAT Period > Choose NO Liable to Taxation 3) Do Company settings>account settings>Uncheck the box "Send VAT Report to Belastingdienst" 4) Adjust chart of accounts: Is it really needed to change or remove all VAT codes to all accounts? Or only to those that we normally use? In any case once we use for example an account linked with a VAT code 21%, once you do the bookkeeping of an purchase invoice, you can remove manually the 21% VAT ( that appears by default). 5) Adjust Sales VAT categories: Is it really needed to create a new category with new name and 0% VAT when there is already one existing by default? Wouldnt it be better or simpler to just use the existing sales category 0% goods? 6) Adjust articles: Select article>edit>choose new category created or existing 0% goods thanks

Francisco · ‎21-03-2021

Hi Echtering Did you manage to find the answer for this question? I am in the same situation now and I dont know whether I should go for: 1)Use my article with 0% VAT so that in invoice it does not count VAT 2)Change my sales categories and create an additional of 0% for BELGIUM Would be great if you can share how you managed to solve this.

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