I have two questions concerning Advanced Return on Sales/Purchase Tax in SAP S/4 HANA Cloud:
1) According to Scope Item J58 it is possible to Prepare Electronic Tax Return for the report created in the app "Advanced Return on Sales/Purchase Tax".
2) Our customer is applying Dauerfristverlängerung (permanent extension) and Sondervorauszahlung (Special advance payment) for Advance Return on Sales/Purchase Tax . This means the customer does not have to report vat to the tax office within the following month but he has got two months time to report vat to the tax office.
By choosing this opportunity you must also make a prepayment in February (1/11 of the vat prepayment amount of the previous year) to the tax office that is then deducted from the payment the customer is reporting for December.
Vat Prepayment in 2020: 110.000€
Special Prepayment in 02/2021: 10.000€
Vat Report 12/2021: 65.000€ --> Actual payment to tax office: 55.000€
Thank you very much for your answers and have a great week,