VAT declaration

Key features of VAT declaration

• run a standard “VAT – preliminary report”,
• fill in the relevant data (company code, invoicing date, etc.),
• launch customer “VAT return” report,
• he report creates a .PDF formatted up-to the legislative requirements,
• at the same time, the customer report generates a .XML formatted for the requirements of tax portal,
• submit the .PDF VAT Return to a competent financial authority, or upload the .XML file to the tax portal,
• SAP extension for Tax Liability calculations creating a standard “Declaration of the Value Added Tax” form, and generating a XML file.