You can prepare VAT reports, including VAT return reports, for submittal to the Latvian tax authorities.

  1. Click General ledger> Setup> Sales tax> LV settings> VAT reporting codesto open the VAT reporting codesform.

  2. Press CTRL+N to create a new line.

  3. In the Settlement periodfield, select the code for the sales tax settlement period.

  4. In the Reporting codefield, enter a VAT tax reporting code.

  5. In the Percentfield, enter the percentage for calculating the tax base amount.

    Note Note

    If this field is left blank, the tax value is used to calculate VAT.

  6. In the Sum limitsfield, enter the minimum amount of the transaction to be printed on a separate tax report attachment line.

  7. In the Report layoutfield, select the layout for the report.

  8. Press CTRL+S or close the form.

See Also