LUXSTART

LUXStart is a mix of data and apps which are needed to meet the fiscal requirements in Luxembourg. The aim of LuxStart is to create a ready to post system that enables you instantly to start with your business without additional customizing so far the company has a standard sales or service business. Furthermore you receive basic applications to do your month closing work regarding VAT reporting (VAT Statement and EC Sales List).

The base package is a mix of data and apps:

Data

• Standard Chart of accounts (PCN) in English, French, or German, as provided by the electronic financial data collection platform (eCDF)
• Standard business- and product posting groups, general posting setup
• Standard VAT business- and product posting groups, general VAT posting setup
• Standard customer and vendor posting groups
• Standard monthly VAT Statement according eCDF

Application

• Required object modifications as Al-App for VAT
• Preview of the VAT Statement for Luxembourg
• The apps for the printing of following monthly reports: VAT Statements, EC Sales List

The parametrisation of VAT is a standard parametrization for “standard” trade or “standard” service providers. That means that special VAT cases as for example for holdings, web shops, private companies, tobacco, etc. are not part of the provided parametrisation and hence subject to additional parametrisation services if applicable.

• Ready to Post system, compliant with Luxembourgish requirements
• Improved Time-to-Value as self-employment is rather complex due to the interaction of multiple departments and data sources
• Preview and Print of the VAT Statement
• Print of the EC Sales List (recapitulative Statement)