VAT and the return basis
The six treatments
Every receipt gets read for supplier country, VAT country, and VAT ID — then assigned one of six lanes:
- DK moms — a Danish supplier charged 25%. Ordinary input VAT, claimed on the return.
- Reverse charge (EU) — an EU supplier charged no VAT. You self-account 25% as both output and input; it nets to zero, but it must appear.
- Reverse charge (import) — a non-EU supplier charged no VAT. Same self-accounting on services.
- Foreign VAT charged — another country's VAT is on the invoice. Not reclaimable on the Danish return; tracked separately so it is never claimed by mistake.
- Not deductible — VAT exists but the cost is excluded (entertainment and the like). Kept out of the claim.
- No VAT — payroll, interest, exempt supplies. Nothing to report.
Classification is deterministic where the document allows it (e-invoice XML is ground truth) and AI-read otherwise — the drawer on each transaction shows the treatment, the reasoning, and the document number it came from.
The VAT return basis
The Insights view carries a VAT return basis card: per currency, purchases, claimable VAT, reverse-charge amounts, EU acquisition net, foreign VAT paid, and non-deductible totals. Currencies are never summed together — each row is its own currency, because converting is your accounting system's job, not a report's.
When a treatment looks wrong
Open the transaction, check the receipt facts it read (supplier country, VAT ID, amounts), and use the re-read hint to correct it — "this was a Danish invoice" is enough for the reader to reconsider. Approved merchants can be saved as vendor rules so the same supplier classifies itself next time.
Exports
- CSV — the return basis per currency, ready for a spreadsheet.
- SAF-T 2.0 XML — an OECD-shaped audit file per currency and period, for Danish Bookkeeping Act workflows.