This article is particularly relevant for users from Germany.

The coalition committee agreed on June 3, 2020 on the VAT reduction between July 1 and December 31, 2020.
For users of the cash register system, we have compiled the most important information here.

Do changes need to be made for regular cash register operation?

No, you do not need to make any changes to your cash register settings. The tax rates for products and services will be charged automatically at 16% and 5% respectively from July 1. The system will maintain the gross prices.

Is there anything else I should note?

If you or your tax consultant use a DATEV export at the end of the month, discuss with your tax consultant whether different revenue accounts should be used from July 1. These can then be stored in the cash register settings from July 1. If you are unsure how to set these up, you can send us the planned revenue account changes via chat or email to info@belbo.com. Further information can be found here: Posting settings

I don't want to pass on the VAT reduction for now and don't want to change my prices. Do I have to do anything?

Correct, the cash register system calculates with gross prices and will only adjust the VAT.

I want to reduce my prices. How do I proceed?

Basically, you can proceed as with any other price change and manually change the prices from July 1. We plan to provide you with a tool to make this process less work for you. We will inform you from June 22 how this tool works.

What happens if a customer redeems a voucher or prepayment that has already been taxed?

These and similar questions must first be discussed with your tax consultant. Basically, these issues are to be resolved by your tax consultant's accounting and such matters must be calculated.

The fact is, of course, that the date of service provision always applies and thus any VAT already remitted will be corrected by your tax consultant. First and foremost, this is not an issue for the cash register system, which must tax all dates and sales from July 1 at 16%.

What happens in case of an exchange/return for an invoice with 19%?

These and similar questions must first be discussed with your tax consultant. Basically, 2 tax codes will then be used on the invoice, which will be offset against each other. Our recommendation is that these special cases be recorded exceptionally and reported to your tax consultant so that he can check the correct posting.