Innovative Approaches For Optimizing Analytical Evidence And Managing Value-Added Tax

This publication aims to examine and solve problems related to the analytical structuring of value added tax information in the accounting information system. A connection is made between the analytical VAT record, the structure of the accounting sub-accounts and the fiscal registers of purchases and sales. The author also made a correlation between the information detailed in the accounting and that in the administrative database of the State Fiscal Service. Some proposals are made regarding the organization of the analytical record of VAT in relation to the fiscal system. The article provides concrete examples and detailed explanations on how information related to VAT should be structured and managed in accounting and in relation to the tax administration, for cases of accounting for advances received, VAT refunds from the budget, VAT surcharges, and reverse charging operations . The authors make a connection between the General Chart of Accounts and the VAT Return and analyze the method of correlating balances from accounts related to settlements with the budget and the resulting information from the tax report.