Accounting and VAT Made Easy for Vipps and MobilePay Stores
How bookkeeping and VAT work when you sell with Svippit: Vipps MobilePay pays your account directly, Svippit invoices one fee a month, and the Reports page gives you sales, VAT per rate and fees, month by month, with a CSV for your accountant.
How the money moves
- The customer pays in Vipps. Your buyer pays in the Vipps or MobilePay app. Prices in your store include VAT, like in every other Nordic shop.
- Vipps pays your account. Vipps MobilePay settles the money straight to your business account, minus its own transaction fee. Svippit never holds your money.
- Svippit invoices its fee. On the 15th of the following month you get one invoice for the platform fee on last month's sales. Below 10 NOK there is no invoice.
What you book each month
- Sales (Svippit, Reports): The month's captured sales, incl. VAT, from the Reports page. Need the detail? Download one CSV per month with one row per order.
- Vipps MobilePay fee (Vipps MobilePay portal): Deducted before payout. Payment services are exempt from VAT, so book it as a cost without VAT. The amounts are in the settlement report in the Vipps MobilePay portal.
- Svippit fee (Svippit, Billing (PDF)): Our invoice, once a month. It is issued without VAT today, and the Reports page always states the VAT status of the fee for each month.
VAT
The Reports page splits every month's sales by VAT rate: basis, VAT and total. Add up the months in your VAT period and you have the figures for the return. Rates come from what you set on each product, so an e-book can be 0 % and a course 25 %.
Set the VAT rate on your products to 0 % so receipts and reports show no VAT. The year table shows your running turnover, so you see the registration threshold coming.
When registration becomes mandatory
- Norway: 50 000 NOK turnover in a rolling 12-month period
- Denmark: 50 000 DKK turnover in a calendar year
- Finland: 20 000 EUR turnover in a calendar year
Rules and rates change and depend on what you sell. Your accountant or the tax authority has the final word; Svippit gives you the numbers.
Works with the accounting system you already use
Nothing to integrate. Download the month as CSV, save our invoice as PDF, and book the Vipps settlement from the Vipps report. That is all any accountant needs.
Used with: Fiken, Tripletex, Conta, Dinero, e-conomic, Procountor, Netvisor and every spreadsheet.
Regnskap og mva med Svippit
Kunden betaler i Vipps. Vipps MobilePay utbetaler pengene rett til bedriftskontoen din, fratrukket sitt eget transaksjonsgebyr, som er unntatt mva. Svippit holder aldri pengene dine. Den 15. i måneden etter får du én faktura for plattformgebyret på forrige måneds salg; fakturaen sendes uten mva så lenge Visplan AS ikke er mva-registrert.
Rapporter-siden i dashbordet gir deg omsetning, mva fordelt på sats og Svippit-gebyr for hver måned, pluss en CSV per måned med én rad per ordre. Er du mva-registrert, legger du sammen månedene i terminen og har tallene til mva-meldingen. Er du ikke det, setter du mva-satsen på produktene til 0 %, og årstabellen viser deg når du nærmer deg grensen på 50 000 kroner.