An EU Sales Listing is an additional VAT return that you, as an entrepreneur, must file when you supply goods or certain services to companies in other EU countries. By linking with Digipoort, you can submit the EU Sales Listing digitally via MKG with a single click. How that works is explained in this article.

VAT filing is a recurring activity that can be done faster and easier thanks to technological advancements. By linking with Digipoort, you can send VAT returns digitally via MKG with just one click. How this works is explained in this article.

The standard report 'Condensed Period Balance Sheet' shows the balances of the general ledger accounts for the selected period at the chosen consolidation level in the selected fiscal year.

The standard report 'General Ledger Card Period Amounts' shows an overview of the transactions per general ledger account for the selected period in the currently chosen fiscal year. It displays the transaction document no., description (creditor), debit and credit amounts, and the balance after each transaction.

The standard report 'Condensed Result Comparison' provides an overview of the balance/budget factor, period budget, period balance, and discrepancies per general ledger account.

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.

The standard report 'Fixed Assets Overview' displays the sub-assets for each main asset along with the financial data of the respective sub-asset (acquisition and depreciation data).

The standard report 'EU Sales Listing' shows the EU Sales Listing for the selected period. The report displays the total amounts of deliveries and the total amounts of deliveries and services. The data is grouped by country. In the report, it is possible to display the invoices for that country per debtor. The total amount should correspond to the amount in category 3B: Delivery to/services in countries within the EU.

The standard report 'ICP declaration' shows the ICP declaration Belgium for the selected period. The report displays the total amounts of the transactions. The data is grouped by type: S or L.

The standard report 'VAT Return Germany' shows the VAT return for Germany for the selected period. The amounts are divided into different sections. The outcome of the report is the total VAT amount to be paid. If no period is selected, the report remains empty.

The standard report 'VAT Listing' shows the total invoiced amounts excluding VAT and the VAT amount per VAT recipient in the selected period.

The standard report 'VAT Return Belgium' shows the VAT return for Belgium for the selected period. The amounts are subdivided into different categories. The outcome of the report is the total VAT amount to be paid. If no period is selected, the report remains empty.

The standard 'General Ledger Journal' report provides an overview of all financial transactions based on journal entries.

If you send out, lend out or second personnel on the Dutch market, a hirer may ask you to open a g-account. A g-account is a blocked bank account. The g-account is linked to one or more payroll tax subnumbers and/or sales tax subnumbers.

"The field 'To General Ledger Account' has not been entered for account '%1' which is required for a profit & loss account." Why do you receive this message and what can you do to resolve it?

In any average company, there are many different incoming and outgoing payments. Purchase invoices, sales invoices, credit notes, and so on. It is often useful to consolidate the number of payments where possible, so you limit the number of transactions. This guide explains how to settle a credit invoice with an outstanding amount.

"Reference ID '%1' occurs more than once in this payment." Why do you receive this message and what can you do to resolve it?

It is possible to link your banking environment to the MKG software. This significantly reduces and facilitates the number of manual operations. For the connection, you need a so-called PSD2 license, which is managed through our partner Bizcuit. This article shows how to integrate Bizcuit into MKG.

In some MKG modules you will find the navigation tree. The navigation tree is a tool that allows you to overview a process and all underlying components at a glance. This article shows where to find the navigation tree and how to use it.

A manual journal entry can refer to an accounting transaction that is not directly related to day-to-day operational activities, but rather is a 'memorandum' or recollection of a financial event. It can be used for non-regular or non-routine transactions.