Tax Types
Tax Types
The Tax Type register is used for accounting and posting taxes, primarily value-added tax. It holds all types of taxes and their rates that are used for purchases and sales.
| VAT Code |
Filter by VAT Code |
| Name |
Filter by Name |
| Active |
Filter by All / Active or Inactive |
| ID |
It displays the ID of this tax type, which can be up to two characters long. The predefined transparent IDs have the following meaning:
First character:
- B - goods
- S - services
- N - VAT is not accounted for or we are not eligible for a VAT refund
- R - purchase of real estate
- Z - purchases where VAT is not an expense recognized for tax purposes
- D- distance selling in the EU
- M- assembling and installment of goods in the EU
- O- fixed assets
Second character:
- 0 - tax rate 0%
- 4 - tax rate 4%
- 5 - tax rate 8.5%
- 2 - tax rate 20%
See also Alter Tax Rate.
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| Label |
It displays the label of this tax type. |
| Description |
Here you can enter description of tax type, as shown on invoices. |
| Tax % |
It displays the tax rate of this tax type.
Note that if a tax type is already used in the Items register, altering its tax rate will affect the calculated prices!
Confirmation is required before changing tax rate (see Do you really want to change the tax rate?).
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| VAT is Calculated |
It defines whether the tax for transactions with this tax type should be accounted for. See example VAT is not accounted for. |
| Included in Tax Records |
It defines whether the tax for transaction with this tax type should be included in the tax records (accounts receivable and payable). See example VAT Is Not Included in Tax Records. |
| Not Recognized for Tax Purposes |
If checked, the VAT amount charged by suppliers under this tax type is not included in the goods purchase value or is not posted to the cost account. In this case, the tax amount is posted to the account for taxes not recognized for tax purposes as set for the document type. See examples:
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| Real Estate Purchase |
It defines whether this tax type applies for purchases of real estate. This should be used only for purchases of and prepayments for real estate.
Tak promet se v obrazcu DDV - O izkazuje ločeno v rubriki 24 ter istočasno v rubriki 21.
See example Real Estate and Fixed Asset Purchase.
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| Fixed Asset Purhcase |
It defines whether this tax type applies for purhcases of fixed assets.
Za obračune DDV-O tipa 0,1,2 in 3 (do 1.5.2004) se šteje, da gre za nakup osnovnih sredstev, če je v vrsti dokumenta prevzema izbran preklopnik "Nakup za osnovna sredstva".
Drugačen način obravnavanja nabav za osnovna sredstva se uporablja šele v obračunu DDV tipa 4 - Obračun po 1.5.2004.
Da gre za nakup osnovnih sredstev od tega datuma dalje označujemo z izbiro ustrezne šifre tarifne številke.
Glej tudi primer Nakup osnovnih sredstev - po 1.5.04.
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It generates a report - an overview of tax types.
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By clicking it you can copy the selected tax type. This function is especially useful when tax rates are changed: clone the tax type to be replaced and assign the newly created tax type a new ID, label and rate. |
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Data in tables can be sorted simply by clicking the column header (see Sorting data). |
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See Taskbar for a general description of its functions.
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When an existing VAT tax (column tax %) is changed, 2 warnings appear:
