The accounting functionality enables real-time visibility into financial health, enhances accuracy in financial reporting, and facilitates regulatory compliance. Relevant transactions for book keeping, such as payments, expenses and vouchers are automatically received from the services in the Visma.net platform.
The tables in this section include base data for accounting.
A VAT period is a specific time frame for which a business calculates and reports its Value Added Tax (VAT) obligations to the tax authorities.
This table contains one row for each accounting period.
This table contains one row for each VAT period.
If the Norwegian VAT report includes deviations from what is usually expected, you can enter an explanation in this table.
This table contains one row for each OSS VAT period.
This table contains one row for each voucher type.
The following processings are available from the VAT code remark table:
Some VAT codes require an explanation when exporting a VAT report in SAF-T format to the Norwegian tax authorities. This table stores these explanations.
This table contains one row for each period key.
This table is used to define shares for each period, per period key.
This table is used to define period intervals to suggest when running accounting reports, per company or company group.
This table is used to add factoring text to electronic invoices sent using Visma.net AutoInvoice.
The accounting rules feature is used with vouchers to automatically apply accounting information to voucher lines based on predefined rule definitions.
The Rule suggester helps you to automatically identify recurring accounting patterns based on previously updated vouchers and to turn them into usable accounting rules. This reduces manual work and improves consistency in accounting.
You can create a single budget to be used during many years ahead, but you can also enter an unlimited number of budgets.
A voucher is an accounting document that serves as a record of a business transaction and verifies certain activities or expenses.
Incoming documents and vouchers usually arrive from other systems. They can be, for example, new supplier invoices, expense claims or payroll vouchers.
The customer ledger is a financial record that contains detailed information about transactions between a business and its customers.
The supplier ledger contains detailed information about purchases, payments made, outstanding balances, and any credits or adjustments related to the supplier.
The general ledger is the central accounting record of a company.
The purpose of bank reconciliation is to match accounting transactions with account statement transactions from the bank.
Capital assets are any kind of property for long-term use that belongs to a company.
You can use Business NXT for electronic VAT reporting, either manually or automatically using the Visma.net AutoReport integration.
You can use Business NXT for electronic VAT reporting automatically using the connected service Visma.net AutoReport.
SIE files are used to exchange bookkeeping information between different systems, including the basis for financial statements.
