Choose VAT type for foreign purchases
If you have bought something abroad or from a foreign supplier, you choose the VAT type when you account for the expense. Expense converts the amount to your base currency and accounts for the VAT for you.
π§ Which VAT type should I choose?
| VAT type | Choose when |
|---|---|
| πΈπͺ Domestic | The purchase was made in Sweden with Swedish VAT |
| πͺπΊ EU VAT | You bought from a supplier within the EU that invoices without VAT |
| π Outside EU (with VAT) | You bought from a supplier outside the EU where reverse charge VAT applies |
| π No VAT | You paid foreign VAT that can't be deducted in Sweden, for example a hotel abroad |
π Applies to: users who account for expenses in a foreign currency, in the app or the web.
π¬ Unsure which VAT type applies? Ask your finance department.
π± How to choose the VAT type
- Under To Do, choose To account and open the transaction.
- Tap Categorize.
- Choose the VAT type, for example EU VAT.
- Enter the deductible VAT amount from the receipt or invoice.
- Tap Save.
β Expense converts the amount to your base currency and accounts for input and output VAT automatically.
π Don't see all the options?
- π± The VAT types only show for transactions in a foreign currency
- βοΈ EU VAT and Outside EU must be activated by your administrator
- π Update the app to the latest version in the App Store or Google Play
- π² iPhone: if the options still don't show, it can help to delete the app and install it again
β Frequently asked questions (FAQ)
Why don't I see EU VAT?
Check that the expense is in a foreign currency and that the app is updated. If the option still doesn't show, contact your administrator.
Which VAT amount should I enter?
The deductible VAT amount. If you are unsure, ask your finance department.
Does it work in the web too?
Yes, you choose the VAT type the same way in the app and the web.
What happens when I have saved?
Expense converts the amount to your base currency and accounts for the VAT on the right accounts.
β Summary
- π§ Choose the VAT type when you account for an expense in a foreign currency
- π Enter the deductible VAT amount
- π± Works in both the app and the web
- β Expense accounts for the VAT automatically