Sales to EU VAT taxpayers

When goods are sold to EU VAT taxpayers, be sure to specify the correct ISAF code (e.g., VAT13) when creating the invoice. When preparing the VAT return, these invoices are displayed under Accounting – VAT Report – in the “Intra-Community Supply Report” section. Ruošiant 564 deklaraciją galite naudotis šia ataskaita. […]

I-SAF code, VAT classes

VAT classes are preconfigured by us for the most common situations. You can also add additional classes yourself based on your company’s specific needs, example OSS sales. Settings -> Environment settings -> VAT classes By clicking the pencil icon, you can modify the settings of VAT classes. For preconfigured classes, […]

Cash Register Accounting/Sales via Cash Register (Fiscal Device)

To manage cash register accounting, create  a Cash Register  for payments just as  your bank account/cash register. 1. Sales registration In practice, it is most convenient to enterdaily sales based on the cash register Z report, and to have the goods sold entered as goods/warehouse goods, as usual, or create […]

OSS sales accounting and reports

Because OSS sales are not included in VAT and ISAF declarations, additional accounts must be included in the chart of accounts. Each country requires separate accounts for both sales revenue and sales VAT. 2. Create a separate sales VAT account (series 4xxx) for each country: Accounting -> Accounts -> New […]

Balance unbalanced

If you receive a message indicating that the Balance Sheet is out of balance, you need to identify the cause. Possible solutions: You can verify this by going to Accounting → Accounts, filtering for the account you added, and checking on the right-hand side whether it is linked to the […]

Offsetting debts between companies, debt write-offs

These instructions include video and text material with examples of how to offset debts between several companies (e.g., a company has a debt to a supplier and at the same time has a sale to the supplier/buyer) and how to write off a debt due to bank charges, an invoice […]

Recording taxes and expense payments

Entering bank, state tax, and other transactions that are not related to invoices. If you want to enter a payment that is not related to a purchase or sale, such as a bank commission fee or taxes, go to Accounting – Transactions, click +New transaction and enter the data (description, […]

Payroll and salaries calculation

In this article, you will find payroll module settings from entering employee data to paying out salaries. Note: check the Payroll settings used in the software. The accounting accounts used – Menu Settings → Automatic operations → Payroll. Also tax and accrual settings – Menu Settings → Payroll settings. Entering employee […]