By activating the "Extended tax reports" option in SAP Business One, it is possible to create and save tax reports for the relevant tax authorities. By selecting a specific period type such as year, quarter, month or a specific period from the drop-down list, the reports can be customised accordingly. Due to the far-reaching effects that this setting has on tax reporting, we strongly recommend consulting a certified tax advisor to ensure that all regulations are complied with correctly.
In this context, three different report types are offered in order to fulfil the specific requirements for data retrieval:
- OriginalOriginal: This option refers to the first data query for a specific time period. It serves as a basis for subsequent comparisons.
In the original retrieval, all tax codes are displayed together with the corresponding transactions, similar to the tax report. An option to hide tax codes without transactions is unfortunately not available. The confirmation of the Transactions can be selected via a checkbox or by double-clicking in the corresponding column. - Substitution: This option is used to retrieve the data again, including all bookingsmade up to the time of the last retrieval. This ensures an up-to-date and complete representation of the selected period. With the substitution method, the new data retrieval includes all values of the selected period, including the tax-relevant transactions posted later, and thus provides a new, complete report.
- CustomisedWith this setting, only the bookings that were made after the original data query are displayed. The customised method focuses exclusively on displaying values that were added after the original data query and therefore provides an overview of the most recent activities.
Trial Balance in SAP Business One: What the Versino Financial Suite does differently – and why tax advisors notice
The Trial Balance is one of the oldest reports in accounting. Every accounting program has it, and SAP Business One itself...
Versino Financial Suite Version 05.2026: What's Changed
Version 05.2026 of the Versino Financial Suite brings two innovations that directly target time loss and system limitations in daily...
E-Invoicing 2026: From Receipt to Mandatory Issuance — what SMEs must clarify now
From 1 January 2025, every B2B company in Germany must be able to receive electronic invoices — regardless of turnover. One and a half years...
Service description in the e-invoice: How much detail really needs to be included?
The introduction of mandatory e-invoicing is shifting the focus away from mere PDFs towards structured data. This is particularly noticeable ...
Verifactu in Spain: the new invoicing obligation
Spanish companies are facing a turning point in their digital accounting. Royal Decree 1007/2023 and Regulation HAC/1177/2024 oblige almost all companies to ...
The e-invoicing regulations in Europe
Electronic invoicing is no longer a topic for the future, but is becoming a legal requirement in many European countries. Driven by initiatives such as ...
