Company balance, VAT on expenses and other updates

The new Company balance charts in Statistics help you assess your company’s position more clearly. The mileage log is now easier to read, and you can specify a payment method on an invoice.

Company balance in Statistics

A new Balance tab with two charts has been added to Statistics:

• Operating balance shows your revenue, expenses and profit.
  Revenue is based on invoices issued, expenses on documents added and verified in the app, and profit is the difference between these amounts.
  
• VAT balance shows the difference between VAT on sales and VAT on expenses.
  The chart provides an estimated amount of VAT payable or refundable.

VAT on expenses in a separate chart

A new VAT on expenses chart has also been added under Statistics → Expenses. It shows how much VAT is included in the expense documents added and verified in the app, and how this amount changes over time.

Important: the data presented in the charts is for guidance only and does not constitute accounting information or advice. Its accuracy depends on the completeness and correctness of the documents recorded in eFaktura.nl.

A clearer mileage log

The mileage log has a new look. The information is better organised and easier to review. This is a visual change only, so all existing features and the way you use the mileage log remain unchanged.

Cash or bank transfer?

When issuing an invoice, you can now select the payment method: cash or bank transfer. The selected payment method will appear on the document, so your client immediately knows how to pay.

The new charts help you see how your business is doing and plan upcoming expenses more effectively. The clearer mileage log makes it easier to find a specific trip, while the payment method shown on the invoice reduces additional questions from clients.

These updates mean less searching and calculating on your own, with more information available directly where you manage your business administration.