{"id":34090,"date":"2025-10-03T14:25:09","date_gmt":"2025-10-03T11:25:09","guid":{"rendered":"https:\/\/support.simplbooks.ee\/?post_type=ht_kb&p=34090"},"modified":"2025-10-03T14:25:10","modified_gmt":"2025-10-03T11:25:10","slug":"entering-a-supplier-prepayment-invoice-for-input-vat-purposes","status":"publish","type":"ht_kb","link":"https:\/\/support.simplbooks.ee\/en\/kasutusjuhendid\/entering-a-supplier-prepayment-invoice-for-input-vat-purposes\/","title":{"rendered":"Entering a supplier prepayment invoice (for input VAT purposes)"},"content":{"rendered":"

A prepayment invoice has been received from the supplier and paid immediately. The goods or services will be received in the following month. Both parties are VAT-registered, and the input VAT is claimed back in the month the prepayment is made. If the net amount is 1000 euros or more, it must be declared in Annex B of the VAT statement (KMD INF B).<\/p>\n

Numbers used in the example (VAT 24%):
\nTotal value of goods: 3500 euros + value added tax 840 euros\u00a0 = 4340 euros
\nPrepayment: 1500 euros + value added tax 360 euros= 1860 euros (invoice received and paid in July)
\nFinal invoice: 3500 euros (on the expense line), prepayment 1500 euros (as a negative). The invoice shows value added tax in the amount of 480 euros (goods and invoice received in August).<\/p>\n

\n
<\/span>Entering prepayment invoice<\/div>
\n

Enter the prepayment invoice received from the supplier under Operations -> Purchase invoices<\/strong>.<\/p>\n

\"\"<\/a><\/p>\n

It is important to note that when selecting the account on the line, you should use either account 1650 <\/strong>Prepayments to suppliers or account 1530<\/strong> Prepaid expenses for future periods.<\/p>\n

Link the invoice to the payment as usual.<\/p>\n<\/div><\/div>\n

<\/span>Entering the purchase invoice<\/div>
\n

\"\"<\/a><\/p>\n

Upon receipt of the goods or services, enter the final purchase invoice so that on the first line you add the expense account and the full expense amount (1)<\/strong>\u00a0and on the second line you add the prepayment account used when entering the prepayment invoice (2)<\/strong>. The VAT type must be the same on both lines to ensure correct data recording.<\/p>\n

Entering it this way results in the correct amount on the expense account, the prepayment account balance being cleared, and the correct VAT amount appearing in the VAT statement.<\/p>\n<\/div><\/div>\n

<\/span>Prepayment invoice in the VAT statement and Annex INF B<\/div>
\n

\"\"<\/a><\/p>\n<\/div><\/div>\n

<\/span>Final invoice in the VAT report and Annex INF B<\/div>
\n

\"\"<\/a><\/p>\n<\/div><\/div>\n<\/div>\n

The result must be that the total input VAT reclaimed from the two purchase invoices (prepayment invoice + final invoice) equals the total VAT calculated from the total amount, i.e., 360+480=840 euros.<\/p>\n

If you have any additional questions, please write to us at\u00a0support@simplbooks.ee<\/a><\/em><\/p>\n","protected":false},"author":426,"comment_status":"open","ping_status":"closed","template":"","format":"standard","meta":{"footnotes":""},"ht_kb_category":[964],"ht_kb_tag":[929,928,930,864,916,596],"class_list":["post-34090","ht_kb","type-ht_kb","status-publish","format-standard","hentry","ht_kb_category-purchase","ht_kb_tag-annex","ht_kb_tag-inf-b","ht_kb_tag-input-vat","ht_kb_tag-prepayment","ht_kb_tag-tax","ht_kb_tag-vat-statement"],"_links":{"self":[{"href":"https:\/\/support.simplbooks.ee\/en\/wp-json\/wp\/v2\/ht_kb\/34090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/support.simplbooks.ee\/en\/wp-json\/wp\/v2\/ht_kb"}],"about":[{"href":"https:\/\/support.simplbooks.ee\/en\/wp-json\/wp\/v2\/types\/ht_kb"}],"author":[{"embeddable":true,"href":"https:\/\/support.simplbooks.ee\/en\/wp-json\/wp\/v2\/users\/426"}],"replies":[{"embeddable":true,"href":"https:\/\/support.simplbooks.ee\/en\/wp-json\/wp\/v2\/comments?post=34090"}],"version-history":[{"count":19,"href":"https:\/\/support.simplbooks.ee\/en\/wp-json\/wp\/v2\/ht_kb\/34090\/revisions"}],"predecessor-version":[{"id":35479,"href":"https:\/\/support.simplbooks.ee\/en\/wp-json\/wp\/v2\/ht_kb\/34090\/revisions\/35479"}],"wp:attachment":[{"href":"https:\/\/support.simplbooks.ee\/en\/wp-json\/wp\/v2\/media?parent=34090"}],"wp:term":[{"taxonomy":"ht_kb_category","embeddable":true,"href":"https:\/\/support.simplbooks.ee\/en\/wp-json\/wp\/v2\/ht_kb_category?post=34090"},{"taxonomy":"ht_kb_tag","embeddable":true,"href":"https:\/\/support.simplbooks.ee\/en\/wp-json\/wp\/v2\/ht_kb_tag?post=34090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}