Popular Topics: VAT Expenses Invoices Payroll Reports
Balabook allows you to create and configure additional VAT rates beyond the standard ones, based on your business requirements
The VAT Returns report helps you track the VAT collected on sales and the VAT paid on purchases, providing a clear picture of what your business owes to (or can reclaim from) the Cyprus Tax Department.
The Reports section in Balabook provides essential insights into your business’s financial performance and supports compliance with accounting and tax obligations.
The owner of a Balabook account is the person whose email was used to sign up or the current primary email address associated with the account. As an account owner, you can invite trusted individuals to collaborate on your account with varying levels of access.Only Owners can invite Users.
Managing sales tax settings is essential for accurate billing and compliance. This guide explains how to add, edit, or delete a sales tax rate within your system.
An expense transaction is a record of money spent by your business on goods or services. This can include purchases such as office supplies, utilities, travel, or any other operational costs.
The Accountant Plan is designed for professionals and teams managing multiple clients or advanced accounting needs.