Entering SME portfolio + credit note (for non-subject to VAT payers)

I'm following, because I have the same issue. :-)

I enter training courses subsidised by the VLAIO SME Portfolio as follows:

1. Invoice (full amount incl. VAT) to the training institution and tick as paid.

Credit note (only the amount without VAT - your own share = the subsidy) to a private person (without vAT number) called "VLAIO SME Portfolio" (you must first create this if you do not already have it. You must also tick this credit note as paid.

The credit note for the cancelled training course is entered in the same way.

1. Credit note (full amount incl. VAT) to the training institution for the full amount (VAT + the full amount excl. VAT) and tick it as paid.

2. Invoice to the private person customer "VIAO SME portfolio" for the amount of the subsidy (excluding vAT) and also tick it as paid.

Johan