Example 3

Suppose that you:

• Received no cash payments from Customer 3 in 2011 for transactions invoiced in 2010.

• Sent invoices totaling 7000 euros to Customer 3 in 2011.

• Received 3500 in cash payments from Customer 3 in 2011.

This table shows the data set for Example 3:

2010 Invoices	2010 Payments	2011 Invoices	2011 Cash Payments
NA No 2010 invoices were paid in cash in 2011.	NA No 2010 invoices were paid in cash in 2011.	7000	3500 for 2010 invoices

Because no 2010 invoices were paid in cash in 2011, information about the 2010 invoices does not appear in the 347 tax declaration for 2011. Additionally, because the cash payments received from the customer in 2011 are less than 6000 euros, the system does not print the cash payment amount in the declaration. This table shows how the system would populate the fields in the 347 tax declaration for the data set described for Example 3:

Declaration Year	Invoice Declaration Year	Operations Total Amount	Amount Received in Cash
2011	2011	7000	(blank)