Setting the Preferences for Belgium SuiteTax VAT Report

This topic refers to setting the preferences for the SuiteTax-based Periodic VAT Return 625 that is provided by the Belgium Localization SuiteApp.

For information about the setting up the VAT report’s filters, see Customizing the Setup of the Belgium SuiteTax VAT Report Filters.

You can set your preferences related to the Belgium VAT reporting such as enabling a nihil client listing, or requesting a VAT refund. The preferences you set will appear only in the XML export of the VAT return.

To set the VAT Return 625 preferences:

  1. Go to Reports > Tax > Country Tax Reports.

  2. From the Subsidiary list, select a Belgium subsidiary.

  3. From the Report list, select Periodic VAT Return – 625.

  4. Click Belgium VAT Setup.

  5. Modify the options in the following fields as preferred:

    • Nihil Client Listing – Choosing Yes means that customers are not included in the client listing. When you submit your VAT return, your client listing will be considered "nihil". A nihil client listing is applicable only to the VAT return for the last period of the calendar year, or when you have ceased your activities in Belgium.

    • Request Restitution – Choosing Yes means that you want to apply for a VAT refund.

    • Request Payment Forms – Choosing Yes means that you want to request for paper payment forms.

Related Topics

General Notices