Recording expenses and cost documents

A cost document is a received invoice or receipt — a document you have obtained from a supplier and with which you substantiate a business expense. In Danito you record cost documents for tax purposes and for VAT deduction (if you are a VAT payer).

Steps

1. In the Cost documents section, click New document.
2. Fill in the supplier (name, company ID (IČO), VAT ID (DIČ), registered office) — again, the details can be completed from ARES based on the company ID.
3. Fill in the amounts (tax base and VAT rate, or individual line items).
4. Fill in the date of the taxable supply (decisive for VAT) and the date of issue.
5. Save the document. A cost document is saved directly as closed and immediately enters the exports for your accountant.

Danito automatically converts costs in a foreign currency using the CNB exchange rate on the date of supply.

Related

• Issuing an invoice
• VAT — schemes and returns
• Exports for your accountant — overview