Paying the tax declaration

If you set up automatic payment of the tax declaration, LN creates a standing order for the amount payable. To make the actual payment, you must process the standing order. Depending on the payment method, during the process LN first sets the tax declaration status to Sent to Bank and finally to Paid.

Alternatively, you can create a journal voucher to pay the tax manually.

Depending on the payment method, during the process LN first sets the tax declaration status to Sent to Bank and finally to Paid.

Note

If you do not pay the tax by a standing order, you must manually create journal entries to clear the tax interim accounts and set the tax declaration status to Manually Paid.

You cannot change the standing order, however, you can delete the standing order.

If you delete the standing order

If you delete the standing order, you must take the following into account:

  • LN does not reverse the postings created for the submitted declaration. The status of the declaration remains Submitted and removes the standing order number from the declaration.
  • You cannot automatically recreate a standing order after deletion.
  • You must manually pay the tax amounts and create a journal entry to clear the tax interim account. For your won information, you can set the tax declaration status to Manually Paid.

Continue with To archive and delete tax declarations.

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