Comment 10 for bug 523080

Revision history for this message
Ferdinand (office-chricar) wrote :

Timing question in Austria
VAT declarations have to be filed and payed ~ 45 days (15th of the month or first working day after 15th) after the end of the month (period) of invoice date (actually this is the period of shipment or service which is usually the period of the invoice date )
So we usually have plenty of time to wait for suppliers invoices.

@ Borja
I am astonished that the terms of fileing/payment is only 20 days.
To our exeperience even well organized medium sized companies have problems to handle 10 days payment term of supplieres invocie, due to the time internal audit needs to check the correctness.
Hence an invoice dated the last day of a month arrives 3-5 days later (postal service) + 10 days = 15 days.

AND
a lot of service companies here create their invoices "sometimes" during the following month and back date them with the correct month of service. This is especially true for all services concering the old fiscal year.