When a multi-purpose voucher is sold or issued, no VAT is applied. Taxation, if applicable, takes place only upon redemption, when the actual supply of goods or services determines the taxable base.
From a technical perspective, the correct approach for issuing and redeeming multi-purpose vouchers with SIGN IT lite is as follows.
Voucher issuance
- Assign the voucher a name in
entries[].data.text - Set
vat.type: VAT_EXEMPTIONandvat.code: NOT_SUBJECT
{
"content": {
"type": "TRANSACTION",
"record": {
"id": "{{recordIntentionIdA}}"
},
"operation": {
"type": "RECEIPT",
"document": {
"number": "INV-12345",
"total_vat": {
"amount": "0.00",
"exclusive": "100.00",
"inclusive": "100.00"
}
},
"entries": [
{
"type": "SALE",
"details": {
"concept": "GOOD"
},
"data": {
"type": "ITEM",
"text": "Voucher XYZ",
"unit": {
"quantity": "1",
"price": "100.00"
},
"value": {
"base": "100.00"
},
"vat": {
"type": "VAT_EXEMPTION",
"code": "NOT_SUBJECT"
}
}
}
],
"customer": {
"type": "EXTERNAL"
},
"payments": [
{
"type": "CASH",
"details": {
"amount":"100.00"
}
}
]
}
}
}
Voucher Redemption
The payment type VOUCHER is not enabled in SIGN IT lite. However, from a technical perspective, it is possible to redeem a multi-purpose voucher by following the steps below.
- Specify the
vatdetails that apply to the good or service provided. - Record the voucher as a
discountat the payment level.
Scenario 1 – Voucher covers the entire purchase
Example: €100 voucher used for a €100 purchase → no additional payment required
{
"content": {
"type": "TRANSACTION",
"record": {
"id": "{{recordIntentionIdA}}"
},
"operation": {
"type": "RECEIPT",
"document": {
"number": "INV-123456",
"total_vat": {
"amount": "18.03278689",
"exclusive": "81.96721311",
"inclusive": "100.00"
}
},
"entries": [
{
"type": "SALE",
"details": {
"concept": "GOOD"
},
"data": {
"type": "ITEM",
"text": "Product XYZ",
"unit": {
"quantity": "1",
"price": "100.00"
},
"value": {
"base": "81.96721311"
},
"vat": {
"type": "VAT_RATE",
"code": "STANDARD",
"percentage": "22.00",
"exclusive": "81.96721311",
"inclusive": "100",
"amount": "18.03278689"
}
}
}
],
"customer": {
"type": "EXTERNAL"
},
"payments": [
{
"type": "CASH",
"details": {
"amount":"0.00",
"discount":"100.00"
}
}
]
}
}
}Scenario 2 – Voucher covers part of the purchase
Example: €100 voucher used for a €120 purchase → remaining €20 paid via another payment method (e.g. cash)
{
"content": {
"type": "TRANSACTION",
"record": {
"id": "{{recordIntentionIdA}}"
},
"operation": {
"type": "RECEIPT",
"document": {
"number": "INV-123456",
"total_vat": {
"amount": "21.63934426",
"exclusive": "98.36065574",
"inclusive": "120.00"
}
},
"entries": [
{
"type": "SALE",
"details": {
"concept": "GOOD"
},
"data": {
"type": "ITEM",
"text": "Product XYZ",
"unit": {
"quantity": "1",
"price": "120.00"
},
"value": {
"base": "98.36065574"
},
"vat": {
"type": "VAT_RATE",
"code": "STANDARD",
"percentage": "22.00",
"exclusive": "98.36065574",
"inclusive": "120",
"amount": "21.63934426"
}
}
}
],
"customer": {
"type": "EXTERNAL"
},
"payments": [
{
"type": "CASH",
"details": {
"amount":"20.00",
"discount":"100.00"
}
}
]
}
}
}The issuance of a multi-purpose voucher (MPV) should not be recognized as revenue, but rather as a liability toward the customer until the voucher is redeemed. Revenue is recognized only when the voucher is used and the related goods or services are provided. As this involves accounting considerations, we recommend reviewing it with your accountant to ensure the correct treatment and to avoid both the issuance and redemption being recorded as income.
fiskaly is not allowed to provide tax advice. Please contact your tax advisor, tax auditor or lawyer for tax-related questions.