Reverse VAT

Written By Tess Hoogeboom

Last updated 21 days ago

In TriFact365, you can process invoices with reverse-charged VAT. Depending on the accounting software you use, additional settings in TriFact365 may be required.

In the posting screen, the VAT amount will not be automatically added to the total amount if you select a VAT code marked as “Reverse-charged.” Additionally, the blue info icon indicates that the VAT is reverse-charged.

Blauw icoon rechts naast BTW bedrag op boekingsregel van boekingsvoorstel
AccountView, AFAS, Exact Online, iMUIS Online / King Finance, SnelStart, Visma eAccounting

No additional settings are required. TriFact365 automatically determines whether VAT is reverse-charged based on the VAT code.

King Business Software, Twinfield

  1. In TriFact365, go to Settings (Cogwheel) → Administrations → Three dots → Edit

  2. Go to the VAT Codes tab.

  3. Check the "Reverse" box for the relevant VAT codes

Multivers / Boekhoud Gemak

No additional settings are required in TriFact365 for Multivers / Boekhoud Gemak. However, you must select the correct VAT scenario for the contact in the Check screen. The VAT scenario determines whether the VAT must be reverse-charged.