How can I process my balance deposit in the accounting?

Created by Support Ease2pay, Modified on Mon, 13 Mar 2023 at 03:47 PM by Support Ease2pay

To be able to use Ease2pay at a competitive rate, we ask for a security. The certainty is the iDEAL deposits you make. The deposits with iDEAL are exclusive of VAT. You do not know whether you will use it for parking or refueling. The services have a different VAT rate.

You use the monthly invoice for your VAT return. This shows the transaction and the associated VAT rate. From an accounting point of view you can process Ease2pay as follows:

1.    Create a supplier/creditor for Ease2pay

2.    You book the payment with iDEAL or direct debit to the creditor with the following journal entry:

  • Bank Diary
  • Journal entry
  • Debit creditors Ease2pay
  • Credit Bank

3.    Monthly invoice booking:

  • Overview transaction costs
  • Purchase book
  • Debit charges tank, or
  • Parking debit charges
  • Debit VAT to be claimed
  • Credit creditors Ease2pay

4.    You then write off the payments with the invoice at the creditor's accounting. The balance you have left is equal to the credit at Ease2pay.

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