Reflecting an expense in a purchase journal

Reflecting an expense in a purchase journal

Question:
Hello!
If I submitted a zero VAT return until a month ago and I currently have an invoice for a service rendered to me, do I need to include this invoice in the purchase journal for the same month of submission or can I do it at a later stage?
Thanks in advance!

accounting, VAT diaries, VAT declaration, expense invoice, accounting services, Varna, Ruse, Stara Zagora, Plovdiv, Burgas, Sofia
Answer:
Hello,
A purchase invoice can be included in the purchase log and accordingly the tax credit can be used up to 12 months after the month in which it was issued.
We hope we have been helpful!
Greetings!




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