To process purchase invoices using reverse charge VAT, as well as purchases from outside and within the EU, it may be necessary to create several ledger accounts. Below, you’ll find the required ledger accounts along with their respective configurations.
For administrations newer than 2019, these accounts are already pre-configured.
REVERSE CHARGE VAT
Ledger account 1:
Number: 1540
Description: BTW Verlegd
Type: Balans
Account type: VAT account
VAT section: 2A2
Ledger account 2:
Number: 1541
Description: BTW Verlegd Voorbelasting
Type: Balans
Account type: VAT account
VAT section: 5B2
Ledger account 3:
Number: 6030
Description: Tussenrekening BTW Verlegd
Type: Expenses (profit and loss)
Account type: Expenses/purchase/revenue account
VAT section: 2A1
Ledger account 4:
Number: 6040
Description: Tussenrekening BTW Verlegd
Type: Expenses (profit and loss)
Account type: Expenses/purchase/revenue account
Back to the help item "How to book a VAT reverse charge purchase?"
NON-EU purchases
Ledger account 1:
Number: 1542
Description: BTW export buiten EU
Type: Balans
Account type: VAT account
VAT section: 4A2
Ledger account 2:
Number: 1543
Description: BTW export buiten EU voorbelasting
Type: Balans
Account type: VAT account
VAT section: 5B2
Ledger account 3:
Number: 6050
Description: Tussenrekening verwerving buiten de EU
Type: Expenses (profit and loss)
Account type: Expenses/purchase/revenue account
VAT section: 4A1
Ledger account 4:
Number: 6060
Description: Tussenrekening verwerving buiten de EU
Type:Expenses (profit and loss)
Account type: Expenses/purchase/revenue account
Back to the help item "How to book a NON-EU purchase?"
EU purchases
Ledger account 1:
Number: 1544
Description: BTW intracommunautair binnen EU
Type: Balans
Account type: VAT account
VAT section: 4B2
Ledger account 2:
Number: 1545
Description: BTW intracommunautair binnnen EU voorbelasting
Type: Balans
Account type: VAT account
VAT section: 5B2
Ledger account 3:
Number: 6070
Description: Tussenrekening intracommunautair binnen EU
Type: Expenses (profit and loss)
Account type: Expenses/purchase/revenue account
VAT section: 4B1
Ledger account 4:
Number: 6080
Description: Tussenrekening intracoomunautair binnen EU
Type: Expenses (profit and loss)
Account type: Expenses/purchase/revenue account
Back to the help item "How to book an EU purchase?"