Finland provides temporary VAT Exemption for passenger transport. This would require some new settings for coding in TEM.
In this article, there are step-by-step instructions how to make the temporary VAT work for the expenses in scope.
Note 1: After these settings are made, TEM will automatically handle all changes depending on the date given for any expense.
Note 2: This article covers only the simple, native TEM automatic coding, if there are dimension based internal categories in use for accounts used etc. or if the accounting does not use TEM native coding logic, this article may be insufficient for your requirements, and we recommend you contact our Service Desk in order to order a consultant work.
All our TEM installations do not necessary use same coding ids, so you may need to write some notes to yourself to make these instructions map with the codes that are actually in use.
Instruction |
Current entry, example |
New entry |
|
|
|
|
|
|
|
|
|
|
|
Now all the needed settings are ready. Finally
SUMMARY
current entry, example |
new entry |
Coding rule category |
Coding rule |
Tax base |
358VATB, Finland VAT 10% |
35808 (1.1.1998) |
358VATB, Finland VAT 10% |
358VATD, Finland 10/0/10% |
3589110 (1.1.1998) |
358VATB, Finland VAT 10% |
3589210 (1.1.2023) |
0, 0% Tax base |
|
3589310 (1.5.2023) |
358VATB, Finland VAT 10% |