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Why can’t I change my VAT accounting method?

bexio has a feature that allows you to change your chosen VAT method retrospectively. You can choose either effective taxation or balance control taxation.

Below is a list of the conditions that must be fulfilled for each method before you can perform the change. If these conditions are not met, you will have to adjust the bookings/documents in order to enable the option to change the method.

Changing from effective taxation to balance control taxation

The following conditions must be met before you can perform the change:

  • The fiscal year that you would like to change is
    • not before 2018
    • not closed
  • In the fiscal year that you would like to change, there are
    • no closed VAT periods
    • no bookings with the old VAT rates (those valid before 2018, e.g. 8% VAT)
    • no bookings pertaining to documents from other years (e.g. invoicing in 2017 and receipt of payment in 2018)
    • no bookings with opted tax rates
    • no bookings to which tax rates with no codes have been applied
    • no manual bookings with tax rates that are not supported in the balance control method (e.g. bookings with input tax rates, bookings with customs taxes, etc.)

Changing from balance method taxation to effective taxation

The following conditions must be met before you can perform the change:

  • The fiscal year that you would like to change is
    • not before 2018
    • not closed
  • In the fiscal year that you would like to change, there are
    • no closed VAT periods
    • no bookings with the old VAT rates (those valid before 2018, e.g. balance control tax rates such as 6.1%)
    • no bookings pertaining to documents from other years (e.g. invoicing in 2017 and receipt of payment in 2018)
    • no bookings with opted balance control tax rates
    • no bookings to which tax rates with no codes have been applied

The conditions have been fulfilled. How do I perform the change?

You can find out how to perform the change in our article How do I change my VAT method in the course of a fiscal year?

 

 

 

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