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Sales Documents

Business documents that are related to the turnover of goods and services are called sales documents.

These documents are invoices, notes and bills made by the drawer, as well as contracts, contract notes and settlements notes – also when the documents are made out on behalf of the seller. The sales documents must always be numbered.

The following shall be registered on the sales document: 

  • A pre-printed number
  • The date of the issue of the document
  • Name and address of the seller
  • The business registration number
  • Name, address and registration number (if existing) of the buyer
  • The nature and volume of the services provided
  • Time and place for the delivery
  • The price of the commodity or service sold
  • Payment terms and date of maturity
  • Taxes connected to the transaction

For sales between VAT registered companies the sales document shall indicate the price excluding VAT and the amount of VAT.
Companies selling primarily to private customers may choose to specify the price including VAT in the sales document, but the VAT shall be specified separately.

If some of the services or goods are not subject to VAT according to the VAT Act or corresponding regulations, each of these categories must be specified and added separately in the document.

The sales document shall at least be printed in two copies. One of the copies must be kept for at least 10 years by the seller.

 



Last changed: 28/11/2008       Print