Scandinavian company compliance

Hi there!

First of, I want to say that it is a wonderful software you've created!

In Denmark we have, as many other EU countries, the system of reverse charge when it comes to VAT on products from outside the country of Denmark. That means that we have to pay the Danish Tax Auth. +25% of the purchases we make outside Denmark.
Example: I purchase a book for 100 DKK in Norway, then logs my expense as "0% tax (Reverve taxed)". In my Tax statement i will then see, that I will have to pay 25 DKK (25% of the 100 DKK) to the government in Reverse tax. The same applied for sales, just the other way around of course (the government pays you 25%). I cannot seem to find a way to make this happen in Akaunting, and I think you would have great succes on the Danish market (and other Scandinavian countries) if you were to implement it.

Also, it would be very nice if you could categorize taxes as Sales taxes and Purchase taxes (as it would make it easier for non-accountants to manage the software).

More about reverse charge: https://www.avalara.com/vatlive/en/eu-vat-rules/eu-vat-returns/reverse-charge-on-eu-vat.html

Furthermore, I think it would be nice if you could implement some of the features Billy (billy.dk) has, especially the features under Accounting -> VAT Returns.

Please let me know if this will come in the near future, as I will then have my clients change to Akaunting instead of Billy.

Hello Markus,

We don't have experience with Scandinavian compliance yet but would definitely like to make Akaunting compatible so your guidance is required. Let me know if you're interested, please.

Regards

Hi Denis!

I would love to help you! Let me know how how to communicate the information with you.

//Markus C.

Hello Markus,

Sorry for the late reply, working hard on Akaunting 2.0

Thanks for accepting to collaborate. I'll get in contact with you as soon as we announce the 2.0 version.

Regards

No worries!

Sounds great! I can be reached here and at my mail ([email protected]).