In short
Companies that operate both general business and primary industry must use a chart of accounts that separates these, typically through the Norwegian Agriculture Chart of Accounts (Norsk Landbrukskontoplan). The same main account can then have separate variants for each industry type, for example 2701.2 and 2701.6.
💡 Note that the company must use an agricultural chart of accounts for the setup with primary industry VAT returns and general VAT return to work in Accountflow.
Step by step: Reconcile VAT for primary industry
1. Update the trial balance
Click the update icon in the top bar.
Click Update balance to fetch the latest data from the accounting system.
2. Check the chart of accounts
Go to Reconciliation under Settings & Admin and select the Chart of accounts settings tab.
Check that relevant agricultural accounts are mapped to the correct account in the Standard account mapping column.
Click the pencil icon to make changes if needed.
3. Check VAT codes
Go to VAT under Reconciliation in the menu on the left and select the VAT Control Overview tab.
Check that VAT codes are linked to the correct accounts for primary industry.
4. Fetch VAT returns
Switch to the Year Overview tab.
Click Retrieve VAT returns.
Log in to Altinn in the window that opens and accept the access request. VAT returns will then be retrieved from Altinn into Accountflow.
5. Go to the Report tab
Go to the Report tab.
Scroll down the page and check that there are separate tables for both ordinary and primary industry.
6. Review the table for primary industry
Find the table labeled Primary industry.
Check that the bases, amounts and rates appear correct.
Ensure that all relevant accounts actually appear here (and not in the table for ordinary business).
7. Complete the reconciliation
If everything looks correct, click Approve to complete the reconciliation.
Common errors
Accounts for primary industry are placed in the wrong industry category in the accounting system.
Accounts belonging to primary industry are missing from the report.
Transactions incorrectly appear under ordinary business.
VAT codes point to accounts of the wrong industry type.
The Norwegian Agricultural Chart of Accounts is not activated or incorrectly configured.
How to correct errors
Adjust the chart of accounts setup in the accounting system (industry type + account group).
Correct VAT codes and the mappings between codes and accounts. This guide explains how to do it.
Ensure that all accounts used within primary industry are linked to the correct category.
Update the trial balance and run reconciliation again.