The export-registered sales process is the process that concerns the production companies and the sale of the products produced abroad.
In accordance with Article 11-c of the Value Added Tax Law numbered 3065, VAT is not collected from foreign exchange sales. In other words; When the manufacturer company that produces the product "sells its products to the exporter on the condition of exporting it", the VAT fee is not collected in this context.
Which Companies Can Make Export Registered Sales?
In order to make export-registered sales, first of all, it is necessary to be in the position of a manufacturer. There are criteria required by the artist and the Ministry of Commerce. Some of these criteria are stated below:
• Being registered in the industrial registry
• Being registered with professional chambers such as the Chamber of Commerce or the Chamber of Industry
• Having an industrial registration certificate
• Having a food business certificate approved by the Ministry of Food, Agriculture and Livestock
• Having a farmer registration certificate,
• Obtaining a business approval certificate
• To be able to meet the required number of workers
• To have the necessary production infrastructure
Adapting the Process in SAP
When we adapt this process in SAP, VAT works both positively and negatively so that the VAT amount is zero. There must also be a separate account for the negative VAT account
Examples of bills
In the SAP Invoice VAT should appear as both positive and negative as below. Thus, the VAT amount appears as zero (0) in the document. For the accounting account record, 2 different account keys should be used and tax indicators should be differentiated according to the account key.
Accounting Document
In the accounting document, the VAT amount worked in 2 different accounts, both positive and negative.
E-Invoice Document
Invoice type must be "export registered". In addition, the “Reason for tax exemption exemption” should be stated in the E-invoice.