Fiscal Positions

Fiscal Positions

Fiscal positions automatically map taxes and accounts based on the customer/vendor country. Essential for international trade and multi-jurisdiction tax compliance.

Common Use Cases

• Intra-EU Trade - B2B sales to another EU country: apply 0% VAT (reverse charge).
• Exports - Sales outside the EU: zero-rated with a fiscal position.
• Country-Specific Taxes - Different VAT rates for different states in India or UAE.
• Tax Exempt Customers - NGOs, government entities: map taxable products to tax-exempt accounts.

Creating a Fiscal Position

1. Go to Accounting > Configuration > Fiscal Positions → Create.
2. Name: e.g. "EU Intra-Community (B2B)".
3. Country Group: "European Union" (or specific countries).
4. If country group is empty, the position applies to all countries not covered by more specific positions.
5. Tax Mapping tab: Map "VAT 20% (Sale)" → "VAT 0% (Intra-EU)".
6. Account Mapping tab: Optionally map revenue accounts.
7. Save. The position is auto-detected when creating invoices for customers in the target country.

Fiscal Position Detection Order

Quickenerp applies the first matching fiscal position based on:

1. Exact country match.
2. Country group match.
3. Default position (no country set).