Issued invoice under Article 76(a)

In PANTHEON Web Light, you can issue orders, invoices and advance payments with respect to the Reverse Charge under Article 76(a).

When the Reverse Charge mechanism is used, the customer is the one to calculate and pay the VAT. The supplier does not charge VAT for the completed delivery, but must reference Article 76(a) ZDDV-1 on the invoice, stating that the delivery of goods or services is the object of the Reverse Charge.

This chapter shows how to issue an invoice under Article 76(a).

CASE SUMMARY The person responsible wants to issue an invoice under Article 76(a). The invoice is issued as follows: Setting the tax rate in the Tax rates register Creating a new issued invoice Selecting the clause to be recorded on the invoice Printing the invoice

1 Setting the tax rate in the Tax rates register

To issue invoices under Article 76(a), the person responsible must first correctly set the tax rates in the Tax rates register.

WARNING In PAWL, you are currently unable to add new tax rates (tariff numbers), so this can be done in PANTHEON. If you do not have the mentioned licence, these settings can be set by your accountant (if your accountant uses PANTHEON). You can also talk to your support provider.

In the Tax rates register, the person responsible first determines new tax rates. The person responsible selects: Reverse tax.

In this case, the new created tax rates are 0A, 2A and 9A, by the name of "Reverse tax."

2 Creating a new issued invoice

The person responsible selects the Wholesale and services module and New invoice submodule.

An empty form opens, into which the person responsible enters the invoice data.

Document type is automatically populated with type 3000 - Sale.

The person responsible determines the customer: Alianz d.d. and begins by adding items into lines.

In the VAT column, the person responsible manually selects the previously created tax rate for reverse charge from the drop-down list.

In this case, the person responsible selects 2A - Reverse tax 22%.

The person responsible selects the clause that will appear on the invoice.

3 Selecting the clause to be recorded on the invoice

When selecting tax rates, the person responsible can also select the clause that must be recorded on invoices under Article 76(a).

This is done by creating a new text in the Doc. texts register. This text can then be selected in the Tax rates register in the Text column.

In the Message text field at the bottom of the newly created invoice, the person responsible selects the option "00 - VAT not charged, reverse tax under article 76(a) ZDDV-1" from the drop-down list.

Then, the person responsible prints the invoice.

4 Printing the invoice

The person responsible clicks the Print button in the document toolbar.

A preview of the document appears in a new window, with the corresponding text about the reverse tax/charge.