Under the VAT Periods, you have control over everything related to VAT periods reported to the Tax Administration, and you can also add new periods. From this tab, you can see which VAT periods have ended for the fiscal year, which ones have been reported, and which one is currently in progress. It is possible to change the reporting period length for the company from this tab, for example, switching from annual reporting to monthly or quarterly reporting. If necessary, you can also edit the start date of the period.
Green: The VAT period has ended and it has been reported to the Tax Administration. Yellow: The VAT period has ended, but it has not yet been reported to the Tax Administration. Blue: The VAT period is in progress.
When the period has ended and all transactions for the period have been recorded in the accounting, you can lock it by pressing
By doing this, all transactions for that period will be locked in the transaction browser. Next to the date of the locked transaction, a padlock icon will appear. If you wish to unlock a locked transaction, you can do so from the ellipsis (...) menu in the upper right corner of the transaction form.
Once a locked VAT period has been reported to the Tax Administration, for example in OmaVero, you can then mark the transaction as reported. This way, you'll stay up-to-date on whether there's anything else to be done regarding the VAT period.