User's guide /

Accounting

/

VAT

Sales Log

The system is capable of generating a log of all sales subject to VAT. The 'Sales Delivery Type' option in the 'Invoices' module is used to determine the column in the sales log where the base amount and the tax amount will be recorded. The figure below displays an example configuration compatible with the Bulgarian tax law:


Module "Invoices"

The sales log is populated upon the completion of the document posting.

Real-time sales log

It is located in the "VAT" section -> "VAT Sales - Real Time"

Generating a sales for the Bulgarian income agency

Open module "Invoices" -> click "Generate a sales log"

Module "Invoices"


The resulting sales log will be stored in section "VAT" -> "Sales Log Accounting Master". The text file for the Bulgarian national income agency can be generated as displayed below:


Module "Sales Log Accounting Master"


Month Format: MM.YYYY (Example: 09.2023)

The income documents include a button that can display how the base and total amount are recorded in the sales log.





Purchase Log

The system is capable of generating a log of all purchases subject to VAT. The 'Purchase Delivery Type' option in the 'Invoices' module is used to determine the column in the sales log where the base amount and the tax amount will be recorded. The figure below displays an example configuration compatible with the Bulgarian tax law:


Module "Purchases & Expenses" -> "Edit record"

The sales log is populated upon the completion of the document posting.

Real-time purchase log

It is located in the "VAT" section -> "VAT Purchase - Real Time"

Generating a purchase log for the Bulgarian national income agency

Open module "Purchases & Expenses" -> click "Generate a purchase log"

Module "Purchases & Expenses" -> "Data listing"

The resulting purchase log will be stored in section "VAT" -> "Purchase Log Accounting Master". The text file for the Bulgarian national income agency can be generated as displayed below:


Module "Purchases Log accounting" -> "Edit record"


VAT declaration

VAT declaration for the Bulgarian national income agency can be generated in module "VAT Declarations". Create a new record by populating the fields.


Module "VAT Declaration"



VIES

The VIES declaration is generated in module "VIES Declaration" in section "VAT Logs". In the purchase 


Module "VIES Declaration"




Real-time VAT reports

The real-time VAT reports are available in section "VAT logs":

• VAT Sales - Real Time
• VAT Purchases - Real Time
• VIES Declaration BG Law