(Global Unipedia VAT articles in English for other countries coming soon)
VAT statements (‘Momsopgørelse’ in Danish) can be prepared and printed by going to General Ledger/Reports/VAT reporting/VAT specification in the navigation panel.
Select the period, as shown in the screenshot above, and click on ‘Search’ to create a statement, as shown in the screenshot below.
(Click on screenshots to enlarge).
To prepare a report for the Danish tax authorities (SKAT), click on ‘Momsopgørelse’ (VAT statement) in the toolbar/ribbon as shown in the screenshot below.
Note that in order to show VAT, the account in the Chart of Accounts must have VAT selected as the System account. See also System Accounts article.
The information from the VAT specification must include the following information:
S1 – Not included in supplementary information
S2 – Heading C
S3 – Heading B – goods – report to the EU
S4 – Heading B – services
S5 – Heading B – goods – do not report to the EU
S6 – Heading C
S7 – Heading C
K1 – Not included in supplementary information
K2 – Not included in supplementary information
K3 – Not included in supplementary information
K4 – Heading A – goods
K5 – Heading A – services
K7 – Heading A – goods
Reporting and payment of VAT on foreign purchases.