Brute Force Method

In AbaNinja, you can add new tax periods under the VAT settings to correctly record the VAT billing. You can use the gross method as a billing method. The gross method means that the VAT is calculated on the gross amount of sales. This means that the tax is directly displayed and billed on the total amount including VAT.

Benefits:
The gross method simplifies the VAT billing, as you can directly record the tax on the gross amount. This is particularly helpful for companies that want to effectively and transparently record their VAT. The gross method is the standard method in AbaNinja and is suitable for most SMEs, as it ensures clear and simple handling of VAT.

The calculation of the tax is based on the formula:
Amount of the booking / (100 + tax rate) * tax rate

1. How to add a VAT period with the gross method:
   Navigate to Settings > VAT.
2. Click on Add period.
3. Define the period (start and end date).
4. Select the gross method as the billing method.
5. Save the settings.

Notes and tips

• The billing method is definite once the first booking is created in the fiscal year. A change is only possible to the following quarter if there are no bookings in this quarter.
• The gross method is the standard method in AbaNinja and is recommended if you do not want to use a special flat or net method.
• When setting up a new VAT period, select the gross method to apply effective taxation on the gross amount.
• For companies with more complex VAT requirements (e.g. net method or balance flat rate), additional paid modules are required.
• Make sure that the VAT period is correctly defined (start and end date) to ensure proper billing.