Spanish companies must submit (Value-Added Tax) VAT declarations to the Spanish tax authorities. VAT transactions must be listed in periodic reports and included in the appropriate VAT book, such as VAT receivable, VAT payable, and capital allowance.

Use the form to create VAT book types and assign sales tax codes to the VAT books.

  1. Click > > > > .

  2. Enter a VAT book and description.

  3. Select the VAT book type from the following options.

  4. Select a number sequence code.

  5. On the tab, you can select a sales tax code. The sales tax code that you select determines the VAT book that VAT transactions are in. You also can select an equivalence charge code, which is a Spanish sales tax.