VAT tax accounting

Stages of providing VAT tax accounting services

1. Consulting and auditing

The first stage is a comprehensive audit of the current state of VAT accounting. The Professional Solutions team:

• analyzes the reflection of transactions in VAT accounting;
• checks the timeliness of registration of invoices and adjustments;
• assesses the correct use of sub-accounts;
• detects errors in VAT postings;
• checks the compliance of the declaration data with registers and primary documents.

Based on the audit results, recommendations are made to correct errors, recalculate tax credits or liabilities, clarify periods, and adjust reporting.

2. Accounting and document management settings

At this stage, specialists streamline the process of maintaining VAT records and build a clear system of interaction with documents:

• implementing the correct use of sub-accounts;
• setting up tax invoice registers;
• verification and standardization of supplier and buyer documents;
• formation of rules for archiving documents;
• optimization of data exchange with the electronic document management operator.

The goal of the stage is to create a reliable and understandable system where each transaction is correctly reflected in VAT accounting.

3. VAT accounting

After setting up the system, the Professional Solutions accountant takes full responsibility for VAT accounting:

• making VAT transactions;
• distribution of primary documents by periods;
• display of import and export operations;
• adjustments in case of changes or errors of counterparties;
• control of deadlines for registration of tax invoices;
• maintaining PN registers and adjustment calculations.

Example of VAT postings (typical situations):

Operation	Debit	Credit
Tax credit formation	641/VAT	631
Tax liability display	643	641/VAT
Payment to the supplier	631	311
Tax credit adjustment	641/VAT	643

Such postings may vary depending on the specifics of the enterprise, but the general principle of VAT accounting remains stable.

4. Preparation and submission of reports

Professional Solutions provides full support for the process of submitting a VAT declaration:

• checks the correctness of filling out all sections of the declaration;
• controls the correspondence of data between the declaration and the register of invoices;
• submits reports to the tax office;
• accompanies the client in case of inquiries or inspections;
• carries out recalculation or clarification if necessary.

Specialists monitor the deadlines for submitting declarations to avoid fines, blocking, or delays.

5. Support and consultations

After the accounting is organized, the client receives stable support:

• consultations on complex or non-standard operations;
• assistance in the event of a tax audit;
• analysis of new documents, contracts, and their impact on VAT;
• risk assessment and recommendations for their reduction;
• monitoring changes in legislation.

This unit provides continuous business support and guarantees correct VAT accounting in all situations.

Cost of services

The price for VAT tax accounting is formed individually and depends on:

• number of transactions per period;
• the volume of primary documentation;
• the presence of import or export operations;
• the need to adjust past periods;
• the number of tax invoices that need to be registered or verified;
• the status of current VAT accounting and existing errors;
• the need for regular consultations and support.

Approximate range of service costs:

• one-time consultations or audit – from 2,500 UAH;
• accounting and document management settings – from 5,000 UAH;
• monthly VAT accounting – 6,000 – 12,000 UAH depending on volumes;
• preparation and submission of the declaration – from 2,000 UAH.

The exact cost is determined after an initial consultation and familiarization with the client’s document flow structure.

How to order a service from Professional Solutions?

To receive professional VAT accounting, the client needs to follow a few simple steps:

1. Leave a request for a consultation via the website or call the contact number.
2. Provide primary documents and a brief description of the company’s activities.
3. Get an audit of your current accounting status and recommendations for setup.
4. Sign a service contract.
5. Transfer access to accounting programs and electronic document management.
6. Receive a service that fully covers VAT accounting, postings, and reporting.

Professional Solutions provides individual support and full control over the correctness of VAT accounting in your business.