The Sales Specification Types and Purchase Specification Types tables define the type of specification. You can also record the financial handling of the specification here. Additionally, it can be used as a template to quickly add Sales or Purchase Specifications.

The standard report 'VAT Return' shows the VAT return for the selected period. The amounts are divided into 4 sections (domestic performances, domestic fixed establishments, performances to or in foreign countries, performances from abroad performed for you). The amounts are then calculated in section 5 (calculation of VAT). The outcome of the report is the total VAT amount to be paid. If no period is selected, the report remains empty.

In the 'VAT' process table, various VAT rates can be created. Additionally, the links between general ledger accounts and the VAT rates can be maintained. A distinction can be made between country types.

Within the purchasing and sales process, additional costs can be used. Think of transportation costs or certification costs. In this article, you will learn how to configure additional costs and what to consider when adding additional costs to purchase and sales invoices.

To link actions in MKG's logistics processes to financial entries, you can use 4 process groups: for sales, purchasing, inventory, and production. The settings of the sales group(s) can be found in the 'Sales Groups' process table.

The 'Payment Discount' table is used to create discount rules that are applied as a discount percentage in the Sales or Purchase module. A number of days is associated with the payment discount during which the discount is applicable.

In the Payment Transactions module, all payments and receipts are updated. Updating payment transactions is one of the four manual financial entries in MKG.