VIES Codes in Balabook

By default, Balabook includes the following VAT-related VIES codes:

• EU Goods (VIES)
• EU Services (VIES)

Note: You can configure additional VAT codes as VIES codes if needed.

How to Add a New VIES Code:

1. Navigate to the bottom-left corner of the page and click your name, then select Company Settings.
2. In the Company Settings menu, choose the VAT option.
3. Here you can view existing VAT codes or create a new one.
4. To create a new VAT code, click New VAT Code in the top-right corner.
5. Fill in the required information, and make sure to select the VIES option.

Important Note: If you select Yes for both Goods and Services when creating a VAT code, using this code in an invoice will result in the amounts being reported under both sections (Goods and Services) in your VIES report, causing duplicate entries. To avoid this, ensure that each VIES code is designated correctly for either Goods or Services.

This ensures accurate reporting and compliance with VIES submission requirements.

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