How to report VAT to the authorities

 

BizzPath automatically calculates the VAT Return that you need to report to the tax authorities.

This is done in Setting, Bookkeeping, Accounts under Reports and Report Lines. Here you find a predefined VAT report that you can run under Functions, Bookkeeping. Send it as an email or download it and send it after you have corrected it.

Make sure that:

  • All expenses and revenues are booked in bookkeeping for the period
  • Make sure that the period you are reporting is in balance
  • Settle the VAT directly in BizzPath
  • Report the VAT to the authorities