When it comes to creating invoices, accurately representing shipping costs is an important aspect to consider. Both the net amount and the tax must be correctly stated. With the Verwaldo App, this becomes a breeze, as the software automatically calculates and displays the shipping costs correctly on the invoice.
Shipping costs are considered "ancillary services" and are usually subject to the same tax regulations as the main service, i.e., the sold item or service provided. If your goods or services are subject to VAT, the shipping costs must also be stated at the same tax rate.
Verwaldo takes care of calculating the shipping costs as well as the correct tax automation for you. You only need to enter the net amount of the shipping costs, and the app takes care of the rest. The shipping costs will be displayed at the correct tax rate, depending on the tax rate required for the main service. This is also accurately represented for tax-exempt invoices.
Add Shipping Costs: In the invoice mask, you can simply enter the shipping costs.
Automatic Tax Calculation: Verwaldo automatically adjusts the tax rate of the shipping costs to match that of the main service. If your items are taxed at 20% VAT, the same 20% applies to the shipping costs.
Create Invoice: With a single click, the Verwaldo App generates a legally compliant invoice, clearly showing the shipping costs and their tax.
Automatic Calculation: Verwaldo handles the tax calculation for shipping costs, ensuring everything is disclosed correctly.
Error-Free Invoices: Automated calculations minimize human errors, so you don’t have to worry about whether your invoices are legally compliant.
Time Savings: No manual calculations or corrections are needed—everything happens automatically in the background.
Flexibility: Whether you issue taxable or tax-exempt invoices, Verwaldo adapts to your requirements.
With the Verwaldo App, manual calculation and disclosure of shipping costs are a thing of the past. The app ensures that your invoices meet legal requirements and that you always use the correct tax rate. Try it out and experience how Verwaldo makes your workflows simpler and more efficient.
