In the "Reports" tab, you will find three types of reports:
- Consolidated Report - This comprehensive document includes all transactions entered during data entry. It comprises integration data, additional sales, and additional costs. Within this report, you can find tax classification of transactions, taxation country, settlement country, adjusted VAT rate. The Consolidated Report is divided into five tabs:
- VAT Summary
- Source Data
- Data with classification
- B2B Transactions
- Export Transactions
- Classified Data - This report contains all transactions that have already been properly classified for tax purposes. Each transaction in this part of the report has the correct VAT classification assigned, determining how it should be taxed. This classification considers transaction type, taxation country, and other relevant factors affecting the VAT rate. This report allows you to easily see how each transaction has been classified and the corresponding VAT rates assigned to them.
- OSS Report - This report provides detailed information about transactions qualified for VAT registration under the One Stop Shop (OSS) system. OSS is a simplified tax procedure that allows businesses to account for VAT on goods and services sold remotely to other EU countries through one member state. The report includes two tabs:
- OSS summary
- OSS transactions
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