The following VAT mentions are supported by Billtobox:
- Reverse charge
- VAT exempt
- IC goods
- IC services
- Outside the EU
They are available for accounts payable and receivable.
Billtobox recognizes the IC goods VAT regime if the supplier and the customer are located in different EU countries and no VAT is indicated on the invoice. If it is another country outside the EU, the platform will then recognize the Outside the EU VAT regime.
Note: the OCR service that extracts PDF invoices will recognize these cases as best as possible and will make a suggestion. It is up to the user to verify this suggestion.
As a user, you can choose IC services and VAT exempt yourself. These are not automatically recognized.
These VAT mentions are indicative and must be verified by your accountant.