By article 108 of the rules of execution of ZDDV, taxable persons are
obliged to declare the purchase value of fixed assets in heading
25 of the DDV-O form. The value of these purchases is included in heading 21 of
the DDV-O form.
To correctly complete the DDV-O form, purchases of this type must be recorded
using the following procedure:
1. Document Type
Purchase of this kind must be recorded using the document type in
which you've selected the Purchase for Fixed Assets options. Documents of
this kind are already defined (see Fixed Asset
Purchases).
2. Receiving Fixed Assets
Enter a document for receiving fixed assets. As stated above, the purchase
value of a receipt of fixed assets entered in this manner will be displayed in
heading 25 and, at the same time, in heading 21 of the VAT form.
As with invoices for costs, you usually do not use the account matrix from
the Document Types settings because it is difficult to predefine a suitable
account merely on the basis of the accounting item type.
Thus you usually enter an account for the cost, in this case an account for
posting the purchase value of a fixed asset being acquired (for example, 047).
3. The Fixed Assets Register
Also enter the newly purchased fixed asset in the
Fixed Assets register. By posting the activation of the fixed asset, you
will transfer the post of the value from a account for fixed assets being
acquired to an account for fixed assets. (See 1-Purchase).
 |
When entering data in the Fixed Assets register or
small inventory, use the wizard in the invoice you've received for a fixed asset purchase. (see
Transfer to Fixed Assets). |
Fixed Asset Purchases for which an Input Tax Cannot be Claimed
These are fixed asset purchases for which you cannot claim an input tax, for
instance the purchase of a personal car which will not be used to carry out the
company's basic activity.
In such cases you can still enter fixed asset purchases using the procedure
described above. If you are using the predefined tax code list, use
tax code N8 or N9 (N2
or N5 after 1.1.2002). In this case the whole
value of the fixed asset will be posted, together with the respective share of
the VAT paid, in the account you've selected in the line of the receiving
document.
For general instructions for using tax types N8 and N9 see
VAT is not Calculated.
4. Ledger of Invoices Received
| section 8 |
4.760.000 SIT |
| section 10 |
190.000 SIT |
| section 11 |
570.000 SIT |
Remark 1: In the Ledger of
Invoices Received prior to 1.10.02, amounts were
displayed in practical symetric sections
| section 7 |
4.760.000 SIT |
| section 9 |
190.000 SIT |
| section 10 |
570.000 SIT |
5. DDV-O Form
Note: In the DDV-O2
form, which was used before 1.7.2001, the purchase of fixed assets appeard in
section 24 of the DDV-O form.