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Ledger Accounts for VAT Reverse Charge, EU purchases & Non-EU purchases
Ledger Accounts for VAT Reverse Charge, EU purchases & Non-EU purchases
Ryan Voerman avatar
Written by Ryan Voerman
Updated this week

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?"

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