Bills with VAT-exempt charges (EAC and others)

Some Cyprus bills mix charges that carry VAT with charges that don't. The EAC electricity bill is the common example: the fund for renewable energy and energy saving (Ταμείο ΑΠΕ & ΕΞΕ) carries no VAT, so the total is not simply the net amount plus VAT.

Recording the whole total at one VAT rate overstates the VAT you can reclaim. The right way is two amounts: the taxable part with its VAT, and the exempt part without.

With Scan & Fill

Scan & Fill reads the taxable base and the exempt charges from the bill. It fills the expense with the taxable part and its VAT rate, and saves the exempt part as a second expense with no VAT, both at once.

By hand

1. Record one expense with the taxable amount printed on the bill and its VAT rate.
2. Record a second expense for the exempt charges, with no VAT.