In the default accounts of the business partner, you can define default accounting accounts for the business partner. These accounts are used by default in the accounting entries of invoices created for that business partner.
You can change the default accounts by selecting the account and clicking the Change account and selecting the new account in the chart of accounts. If the accounting entries are created at the invoice row level and products with a default account are used, the accounts from the products are used.
Default accounts cannot be defined for persons.
In the Default accounts page, you can define the business partner’s VAT-default-% and VAT status. The VAT-default-% is used in invoices, when the invoice is created manually and is targeted at the business partner. Exceptions to this are purchase invoices targeted at the supplier register and received as electronic invoices or through the scanning service (Itella), on which VAT percentage is not available at the row level or at the total sum level. The default VAT status is always used when the invoice is targeted at the business partner.
The Business partner report also shows the default VAT status, when you select the Default accounts information in the report search conditions.
For suppliers you can define, besides the VAT percent and the VAT status, also the Default VAT-deduct-%.