
You need to start by mapping the tax rates in the account software to the recap boxes and then you may proceed to generate the extract the details.

To add a return use the edit icon next to the company you wish to use

Start by selecting the recap statement for your country, the reporting period and due date - this will allow generate.TAX to prepare the next reporting periods.

*In the example below we will be using the Malta - VAT Recapitulative Statement to do the mapping.*

Click "Malta - VAT Recapitulative Statement"

Click the "Select period from date" field.

app.generate.tax

You must complete a recapitulative statement to report your selling to customers in other EU countries. The requirement to file a recapitulative statement is part of the VAT control system within the EU that monitors commercial operations with goods and services.

Thia guide shows the steps required to prepare the recap statement and submit with authorities.