Example 2

Suppose that you sent invoices totaling 8000 euros to a Customer 2 in 2010 and that the customer paid 6500 in cash against the invoices in 2010. Suppose further that you sent invoices totaling 5000 to the customer in 2011, and received cash payments against the 2010 and 2011 invoices in the amount of 3500 and 5000. This table shows the data set for Example 2:

2010 Invoices	2010 Payments	2011 Invoices	2011 Cash Payments
10000	6500	5000	3500 for 2010 invoices 5000 for 2011 invoices

When you generate the 347 tax declaration for this customer for 2010, the report includes two lines for this customer. The first line shows the total invoices for 2009 and the cash payments made in 2010 for the 2009 invoices. The second line shows the invoice total for 2010, and the cash payments received for the 2010 invoices. Even though each of the payments is less than 6000, the total of the cash payments received in 2010 exceeds 6000 and so must be reported with the years of the invoices. This table shows the date that would appear in the 347 tax declaration for the 2010 declaration year for Example 2:

Declaration Year	Invoice Declaration Year	Operations Total Amount	Amount Received in Cash
2011	2010	(blank)	3500
2011	2011	5000	5000