About marc2

marc2 · ‎12-01-2023

I did this instead and closed all the posting periods except for 31.12.2022 before. Now all posting dates are closed and retained earnings are in the 342 account which matches the annual report with SRS. That's all I have to do right, or do I have to change the accounting year in Visma Horizons somewhere as well?

marc2 · ‎05-01-2023

Hello forum! How do you go about closing the accounting year in Visma Horizons? I want all accounts cleared except for balance sheet to start fresh for 2023. Cheers!

marc2 · ‎06-07-2022

Hey! Does anyone know how to do the book keeping for quarterly dividends and related taxes? I have created two new accounts for this: 884: dividends (debit) 885: tax on dividend (debit) They are matched with bank account/or settlement account. Is there a better way?

marc2 · ‎22-05-2022

Hello! I need a consultant to setup/verify some work flows in Visma Horizons. Just to make sure we are not making any mistakes. It would be good if the person can also certify annual reports and handle quarterly dividends. Please send a note if interested! Cheers, Marc

marc2 · ‎05-05-2022

Hello! Does anyone have the procedure for paying out a quarterly dividend? The company AoA have been updated to allow for this, but what do we need to do accounting wise? 1. I understand that a company decision has to be made - does anyone have the format for this and do we just save a printed copy in our files afterwards? 2. We have to file "Uzņēmuma ienākuma nodokļa deklarācija" with EDS (every quarter). Let's assume we want to pay out 2.000 euros from the previous 3 months profit. 1: 2000 3: 2500 4: 500 Then "No" to all the questions except for "Or in the taxation period shall be paid out dividends or equivalent costs and a notional dividends?" where we check "Yes, dividend paid or the equivalent costs" After this the system will generate a bill for EUR 500 to pay I guess? 3. Make all the payment and put them in books. Anything else?

marc2 · ‎16-03-2022

Excellent! I guess this is nice to have for each operating currency if using several. The logo has been inserted and changes made!

marc2 · ‎16-03-2022

Hey! https://imgur.com/a/g8gao6Q Does anyone know how to do this when printing an invoice? 1. Remove the fields "debets", "kredits" and "summa" marked in red in file above. 2. Remove the filed called "izrakstija" and name after this. 3. Add a company logo to the top left corner. Cheers!

marc2 · ‎05-03-2022

The deductions that the company has to do is different depending on this. So I guess the first step is for the employee to something in the EDS system - create a tax booklet that we then follow in the payroll system? I checked the EDS system and it does not seem to be possible to add foreign dependants.

marc2 · ‎05-03-2022

1. How do I take into account the number of dependents? It seems that this is not being picked up for the salary calculations. I found a tick box under Settings->Payroll->Parameters where it says "Number of dependants from "Family members" list". Is that sufficient? Do the dependents have to have Latvian persons kods or can they live anywhere in the world? 2. I guess there is a non-taxable minimum for the PIT part for 2022. 500 Euros per month or 6000 euros for the full year. How do I take this into account? The employeer's SMSC seems to be unaffected by all these number, but the employee contribution is significantly lower. Is the non-taxable minimum for the number of months that a salary was paid out or does it cover the whol year regardless? If the salary is variable each month I guess the employee will just file a tax return sometime in 2023 and settle the differences with the state without my involvement? It looks like we can just wing it right and input the percentages we estimate to be true for the full year?

marc2 · ‎03-03-2022

Is the VSAOI report generated from Horizons now called "Darba devēja ziņojums" in EDS? I guess this has to be filed monthly apart from the VAT report. Anything else on a monthly basis?

marc2 · ‎01-03-2022

Is there any way to import all invoices automatically as for the Annex VAT-1?

marc2 · ‎01-03-2022

Okay, I have AP/AR/Billing/General ledger, Balance sheet, P/L and VAT reporting down pretty good and submitted the first EDS report for VAT. The salary module however leaves me slumped in a chair considering checking into a insane asylum. The ~300 page manual is helpful, but maybe a quickguide can be produced :-). I had no idea a system so complex could be produced in a country with 1,8 million. Anyhow, need to get it working and I don't care about anything but being able to a monthly (net) amount based on a monthly agreement. The rest of the system that seem to detail the nail polish used during the second week of parental leave is not my cup of tea... So the "Personas kartina" is setup ok I think. Then I have two options as far as I see - "Working hours reporting" and "Single pay for employees". Which is the best option for a monthly salary where I set the "net" amount as I please each month? Regardless of what I do I get a bunch of errors on the screen: https://imgur.com/a/6EEbF5W https://imgur.com/a/IoRssLH I need to select "Standarta" which is already selected in all locations. If I use "Darba laiks uzkaite" I get an error that "Salary type required" but there is no field called that anywhere. https://imgur.com/a/VAsw1fw I managed to create an instance of "Single pay for employees". It then stays as a draft and I cannot post/execute it. Not sure how to proceed from there. Cannot see the deductions and social fees... All I want to do is: 1. Add employee. 2. Pay him and get numbers. 3. Submit report to EDS and pay gov.

marc2 · ‎26-02-2022

Superb, now I get no errors at all except for the bank account number. Maybe this can be added in Visma as well? Do you happen to know how to select the codes as well? S - transactions referred to in Section 16, Paragraph four of the Law P - services G - goods (not used for transactions declared with code “E” or code “N”) C - delivery of goods in accordance with Section 45, Paragraph five of the Law E - shipment of goods (E1) E - Return of goods (E2) E - Replacement of the original consignee (E3) E - partial replacement of the original consignee (E4) N - delivery of goods in the territory of the European Union at the moment specified in Section 31.1 of the Law, if the delivery of goods to a warehouse in another Member State is performed If we buy/sell physical goods within the EU do we select G, C, E or N?

marc2 · ‎26-02-2022

I have generated a VAT report (XML) for EDS. When I upload it everything is correctly and I get no errors. I do however get a warning. I have a value, let's say 500 in box 48-2 in EDS (Transactions carried out in other countries). This gives a warning from EDS that "VAT 2: Overview of supplies of goods and services rendered in the territory of the European Union" has to be supplied. In the VAT statement I can add VAT1-I, VAT1-II and VAT1-III and VAT 7, but not VAT2. The amount from VAT2 is included in the overview report correctly, but the VAT2 statement itself is nowhere to be found. The client card is a Swedish company with a valid VAT number and VAT category is set to E (Eksports) in the "Klients - view". In the invoice I have one line item. I have the VAT rate set to "B" which is 0 %. I have also checked "VAT included in the accounting amount". The "Transaction place" is set to "Services inside EU (P)". The invcoice total shows up the "Taxable" field and the VAT category overall is set to E (Eksports) which has a 0 % rate. What am I doing wrong? I guess I can manually create the VAT2 annex, but it would be better if the program generated everything.

marc2 · ‎25-02-2022

I am not sure if I am doing this correctly or not. It took 13 minutes to generate a profit/loss statement and a balance sheet with only 1 transaction entered into the program. I need to be able to see this in realtime basically. The calculation (plus and minus) should take maximum 1 millisecond.

marc2 · ‎25-02-2022

I am new to Visma Horizons and cannot seem to find things easily. 1. How do I go about generating an account overview so I can see the balance for each account. 2. If I wanted to see the balance sheet for end of feb 2022, how is this done? 3. Also, see the profit/loss statement for 2022? Thanks for any help!

Tēma: Closing accounting year

Closing accounting year

Book keeping of dividend payments and taxes

Consultants available here?

Procedure for quarterly dividend

Tēma: Questions about invoice design

Questions about invoice design

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Questions on labor management and payroll

VSAOI report has changed name?

Re: Include VAT2 in EDS report

Salary / human resources module

Re: Include VAT2 in EDS report

Include VAT2 in EDS report

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Account overview, balance sheet and profit loss st...

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