VAT control list

The VAT control list in AbaNinja provides you with a detailed overview of all the transactions relevant for VAT accounting and their composition. You can find this feature in the accounting section under the menu item "VAT". The control list shows you how the individual figures of the VAT return are made up - for example, from which transactions the total turnover, the taxable turnover or the deductible input tax results. The data is automatically generated from your recorded invoices, credits and manual entries.

Benefits

The VAT control list helps you to check the accuracy of your VAT return before submitting it to the Federal Tax Administration (ESTV). You can see at a glance what amounts are shown in the individual figures of the official VAT form and from which transactions these are made up. This allows you to quickly identify discrepancies or missing entries and correct them. The control list serves as an important control instrument and minimises the risk of errors in the VAT return.

Hints and tips

• You can specifically select the period of the control list.
• For each figure (e.g. 200 total turnover, 302 turnover with 7.7% VAT, 400 input tax), the corresponding entries with all details such as currency, booking text, reference, tax rate and amount are displayed.
• The control list can be used as a basis for reconciliation with your accounting and as proof in the event of queries from the tax authorities.
• After the end of a VAT quarter, the values are fixed and can no longer be changed retrospectively. Therefore, check the control list carefully before the final closing.
• The control list can be exported as an Excel file for further analysis.
• In case of uncertainty about individual entries, it is recommended to open the detailed view of the respective entry and check the posting and the tax rate.