VAT Model Belgium Available

The VAT model Belgium is now available in MKG. One of the main differences between the Dutch and Belgian models is that different VAT categories are used. Additionally, the Belgian model allows the use of multiple VAT categories in certain situations.

Selecting the VAT Model Belgium

To use the VAT model Belgium, select 'Belgian' in the VAT model field in the administration settings. This will partially change the purchase invoice process. Since the Belgian model does not use the 'Approval' function, this button disappears from the Purchase Invoices module, and the administration settings 'Invoice approval active' and 'Direct approval upon approval' are removed from the 'Purchase Order' tab.

New Module VAT Belgium After Restart MKG

After restarting MKG, the module VAT Belgium becomes available, and the module VAT Netherlands is no longer visible.

The layout of the Belgium screen is very similar to that of the Netherlands. You will need to select a 'Period from' and 'Period to' to display the correct data. After selecting the periods, the amounts for the different categories will be filled on the tabs. The journal entries that populate the various fields are displayed via the information icon.

We have added the report VAT Return Belgium (8001) to the module.

Adjustments in Other Modules

In the module Financial Mutations, it is now possible to specify multiple VAT categories for journal entries. It is also possible to change the VAT categories of journal entries if they have not yet been recorded. This can be done using the button Change VAT Category. A pop-up appears where you can choose and change one or more VAT categories. Additionally, a memo can be added in a memo field.

The field VAT Category has been added to the module General Ledger Accounts. The group 'WKR' has been removed from this module because the work-related costs scheme is not used in the VAT model Belgium. In the modules VAT, Fixed Journal Entry, and Memorial Entries, the related VAT categories are visible after selecting the VAT choice. These categories depend on the chosen VAT model.

Administration Settings

• General General General Settings

Release Notes | Related:

• New Standard Report VAT Return Belgium