SoftGuide > Functions / Modules Designation > Input tax statement

Input tax statement

What is meant by Input tax statement?

The "Input tax statement" refers to the process of settling and offsetting input tax amounts that a company has paid for goods and services acquired in the course of its business activities. Typically, this refers to the value-added tax (VAT) paid on purchases and business expenses. The Vorsteuerabrechnung allows the company to deduct this paid VAT from the VAT liability and only pay the difference to the tax authorities.

Typical functions of software in the "Input tax statement" domain include:

  1. Capture of input invoices: The software allows companies to capture input invoices for goods and services acquired and correctly identify the input tax contained therein.

  2. Automatic calculation of input tax: The software automatically calculates the input tax amounts based on the entered input invoices, taking into account any special regulations or exceptions.

  3. Management of input tax accounts: The software supports the management of input tax accounts and postings to accurately record and offset input tax amounts.

  4. Preparation of input tax returns: The software automatically generates input tax returns based on the captured data and prepares them for submission to the tax authorities.

  5. Monitoring of deadlines and regulations: The software automatically monitors deadlines and regulations for input tax reconciliation and notifies the company of impending tasks or deadlines.

 

The function / module Input tax statement belongs to:

Accounting

Account management
Account statements
Advance account
Apportionment definition
Balance carried forward
Book value changes
Book values and reconciliation accounts
Branch accounting
Cash balance
Cash box
Cash discount
Cash payment
Chart of accounts
Clearing account
Custodial account
Daily closing
Debit/credit posting entry
Deposit accounting
DEÜV notifications
Document number assignment
Domestic and international travel
Donation receipts
Down payment management
DSD / ARA accounting
garnishments, loans, pension schemes
Merchandise reimbursement
Missing amount controls
Posting texts
Posting transactions
Private share calculation
Processing travel expenses
Recurring entries
Recurring payments
Recurring postings
Representative accounting
Reverse postings
Series account assignment
Shadow book
Split postings
Stacking interfaces (Bufü)
surplus revenue statement
Travel expense flat rates
Various accounting methods
VV-Account

Taxes and duties

advance sales tax returns
DAC 6 cases
Debit/actual posting
Differential taxation
Digital audit
ELSTER
Fee management
garnishments, loans, pension schemes
Private share calculation
Tax return
Trade tax

Software solutions with function or module Input tax statement:

Sage HR Suite