What goes into each box - Serbia VAT Report
The following table shows how NetSuite uses the tax codes to get the values for the Serbia VAT Report.
|
Description |
Box |
Net Amount |
Box |
VAT |
|---|---|---|---|---|
|
I. OUTPUT TAX |
||||
|
1. The supply of goods and services that is exempt from VAT with the right to deduct input tax |
001 |
Net amount of sales E-RS, O-RS |
|
|
|
2. The supply of goods and services that is exempt from VAT without the right to deduct input tax |
002 |
Net amount of sales Z-RS |
|
|
|
3. The supply of goods and services at the standard rate |
003 |
Net amount of sales S-RS |
103 |
Tax amount of sales S-RS, IS-RS + Tax Amount of Sales Adjustment box103, IS-RS + Notional Amount of purchase RC-RS |
|
4. The supply of goods and services at the special rate |
004 |
Net amount of sales R-RS |
104 |
Tax amount of sales R-RS + Tax amount of Sales Adjustment box104, R-RS |
|
5. TOTAL (1+2+3+4) |
005 |
Box 001+002+003+004 |
105 |
Box 103+104 |
|
II. INPUT TAX |
||||
|
6. The input tax paid at import |
006 |
Net amount of purchases I-RS |
106 |
Tax amount of purchases I-RS + Tax amount of purchase adjustment box106, I-RS |
|
7. VAT compensation paid to farmers |
007 |
Editable field |
107 |
Editable field |
|
8. Input Tax |
008 |
Net amount of purchases S-RS, R-RS, Z-RS, E-RS, IS-RS, RC-RS |
108 |
Tax amount of purchases S-RS, R-RS, IS-RS + Notional amount of purchases RC-RS + Tax amount of purchase adjustment box108, S-RS, R-RS, IS-RS |
|
9. TOTAL (6+7+8) |
009 |
Box 006+007+008 |
109 |
Box 106+107+108 |
|
III. TAX LIABILITY |
||||
|
10. The amount of VAT in the tax period (5-9) |
|
|
110 |
Box 105–109 |