This article describes the handling of purchases from abroad.
Procountor Solo allows cash-based accounting. With regard to foreign purchases, the accounting is based on the date of delivery, which means that some of the purchases might have to be processed on an accrual basis.
If the delivery date and the payment date are the same, the purchase is handled according to the normal cash-based accounting process. Examples include digital services, such as advertising on Facebook. In this case, the payment is made on the same day with the delivery, and the accounting follows the normal cash-based process.
However, if the payment date differs from the delivery date, the transaction must be handled according to the delivery date, which means the accounting of the purchase is accrual-based.
This means that in most cases, these receipts must be delivered to the accountant separately from the normal accounting material submission via Solo, for example, using the Documents function.
If you make or plan to make purchases from abroad, agree on the procedure and the reporting of these purchases with your accountant.
The buyer does not submit a summary report of the purchases.
Because accounting is cash-based in Procountor Solo and the community sales notifications must be made on the basis of completed sales (accrual-based), foreign sales must be handled separately from the normal cash-based accounting material process.
Information on community sales can be sent to the accountant, for example, using the Documents function in Solo. We recommend notifying your accountant of these sales separately. Solo does not separate community sales from other sales, which is why it is important to notify the accounting office separately. We recommend confirming the procedure with your accounting office separately.
More information and examples are available on the Finnish Tax Administration's website: (in Finnish) https://www.vero.fi/syventavat-vero-ohjeet/ohje-hakusivu/48691/arvonlis%c3%a4verotus-eu-tavarakaupassa2/