1.8.7

Owned by Jhelver Layderos
Sept 15, 2022
1 min read

From 1 August 2022, the rate of VAT on press publications, both on a physical medium and published electronically, is 5% instead of the previous 9%. As a result, this requires changes to the KMD (VAT) form where an additional row needs to be added in order to present these transactions.

Updates

  1. Added row 2.1 when generating VAT report for periods August 2022 onwards.

  2. Updated the [STA-EE] VAT Position list and added 2.1 to the options.

  3. Added a new default saved search [STA] EE VAT Report - Box 2.1.

  4. Added in the localization field settings 2.1 drop-down fields.

 

Required Actions

  • When updating the bundle, set the Bundle Update Preference for [STA-EE] VAT Position custom list to REPLACE DATA

  • For existing localization settings, the 2.1 drop-down field is blank. In this case, the feature will use the default saved search.

  • If you are using a different saved search, map it in the [STA] Estonia Localization Settings. under 2.1 drop-down field.

  • Map your existing tax code for by selecting 2.1 in the [STA-EE] VAT Position field.