> ## Documentation Index
> Fetch the complete documentation index at: https://docs.envoi.no/llms.txt
> Use this file to discover all available pages before exploring further.

# Company and VAT

> The accounting settings: the company, VAT, what you sell and the opening balance.

Go to **Accounting**, **Settings**. You find the same page under **Settings**, **Accounting**, **Company and VAT**.

<Frame>
  <img className="block dark:hidden" src="https://mintcdn.com/envoi-5929ace9/glSEslf-wTQJMAzw/images/en/accounting-company-and-vat-light.png?fit=max&auto=format&n=glSEslf-wTQJMAzw&q=85&s=9c7d34a27036cbab41f7269631d2b66f" alt="The Company and VAT settings" width="2160" height="1350" data-path="images/en/accounting-company-and-vat-light.png" />

  <img className="hidden dark:block" src="https://mintcdn.com/envoi-5929ace9/glSEslf-wTQJMAzw/images/en/accounting-company-and-vat-dark.png?fit=max&auto=format&n=glSEslf-wTQJMAzw&q=85&s=805c4a4fbaf27dd29cea9d3ed444d680" alt="The Company and VAT settings" width="2160" height="1350" data-path="images/en/accounting-company-and-vat-dark.png" />
</Frame>

If accounting is not activated yet, the owner sees **Accounting is not activated yet**, with **Go to activation**.

## The company and VAT

| Setting | Note |
| - | - |
| Company name | Used in the books and in the SAF-T file |
| Contact first name and last name | Listed as the contact person in the SAF-T file |
| Company form | Limited company or sole proprietorship. Can only be changed before the first entry is posted. |
| VAT registration | Whether the company is registered in the VAT Register (Merverdiavgiftsregisteret), and from which date |
| How often do you file the VAT return? | **Every two months (six periods)** or **Once a year (annual period)** |

The organisation number is shown, but cannot be changed here.

<Tip>
  Use the date the VAT registration applies from, not the date you received the letter.
</Tip>

The annual period only applies if you have applied to Skatteetaten for it and been approved. The choice decides which VAT returns Envoi creates: six a year, or one for the whole year. See [VAT](/en/accounting/vat).

Changes here are logged, with what was changed and by whom.

## What do you mostly sell?

Choose **Goods** or **Services**. The choice decides which income account sales are posted to: sales of goods on account 3000, services on account 3020. The default is **Goods**.

The choice applies to sales posted from now on. A credit note is posted to the same account as the invoice it credits. The choice is not logged, but every entry shows which account the sale was posted to.

## Opening balance

Once the books are open, the owner sees the opening balance here with **See opening balance**. See [Opening balance](/en/accounting/opening-balance).