Country pack
communityBarbados
Ekwo is free, open source accounting software. Its Barbados pack carries the chart of accounts (Barbados reference chart of accounts, 118 accounts), 4 tax rates in BBD, the periodic return (VAT return (box layout of this pack), 17 boxes), and the financial statements (Statement of financial position, Income statement). Last checked on 2026-10-17 against 8 texts of law and official sources.
- Country code
BB- Currency
BBD- Pack version
0.2.0- Last checked
- 2026-10-17
What the pack carries
- Charts of accountsWhat a company installs, and who each chart is published for.
default(default) — 118 accounts, for companies
- TaxesHow many the pack carries, at which distinct rates, and which treatments it can express.
- 12 taxes at rates of 0, 7.5, 17.5, 22
domestic,exempt,export,import - Periodic declarationThe form the accounts are read into, the cadences it is filed on, and how many boxes it has.
BB-VAT-RETURN— 17 boxes, filed month or bimonth
- When it is dueA rule of the country, not a date. A pack that cannot state its rule states nothing.
- day 21 of the month after the period
- The file it is deposited asThe brick of packages/formats that writes it, where one exists.
- filed by hand on the administration’s portal
- Electronic invoicingThe profile the country imposes, the day it starts, and the text that imposes it.
- no profile — no obligation in law
No Barbados text read for this pack obliges a business to issue or accept an electronic invoice: the Value Added Tax Regulations, 1996, reg. 2 list the particulars of a tax invoice without naming a platform, a format or a Peppol profile, and the Value Added Tax Act, Cap. 87, s. 7(7) only asks a registrant to issue a tax invoice to another registrant who requests one. No Peppol authority for Barbados was looked for. `profile`, `party_scheme` and `vat_scheme` are null: there is no domestic profile to name
- Where the tax balance landsThe accounts a filed declaration settles to, by role.
- payable
2100 - receivable
1172
- payable
- Bank statementsThe formats this country’s banks send, and whether anything here reads them.
- no format named
- Payment filesThe formats the country’s banks accept for an outgoing payment.
- no format named
- Financial statementsThe schemes the chart reports on, and the taxonomy their keys are written against.
BB-IFRS-SME-SFP— 22 linesBB-IFRS-SME-IS— 7 lines
- Who has read itA pack is reviewed when a named professional has read it against the law, and never before.
communityno named reviewer8 sources cited- Last checked against the lawThe most recent day somebody opened one of the texts the pack was built from.
- 2026-10-17
- Pack versionWhat this pack calls itself, the day it says its transcription is true, and the languages it publishes.
0.2.0— published 2026-10-23en
Free, and operated
Where the open core stops.
The line is operational, not functional. Everything that keeps working on its own is open core; what needs credentials, a certificate or a channel somebody keeps running is the hosted edition.
BB-VAT-RETURNdeclarationFree, for everComputed from the ledger, frozen box by box, filed by hand on the administration’s portal, and what it owes is carried to 2100. The deposit number and the administration’s own words come back into your own database.
OperatedTransmission: the credentials, the certificate and a channel somebody keeps running. The return stays yours.
What it was built from
8 sources — the law this pack was read against
- Value Added Tax Act, Cap. 87 (consolidated text, L.R.O. 1997 to 2008, as published by the Authority; the amending Acts and Orders listed on the same page are not applied to it)
Barbados Revenue Authority — Laws of Barbados · law · read 2026-10-17
- Value Added Tax Regulations, 1996 (Cap. 87A)
Barbados Revenue Authority — Laws of Barbados · regulation · read 2026-10-17
- Value Added Tax — VAT rates and threshold
Barbados Revenue Authority · guidance · read 2026-10-17
- What are the VAT filing periods?
Barbados Revenue Authority · guidance · read 2026-10-17
- Policy Note: items zero-rated for value added tax from 1 April 2022 (P&F No. 003/2022)
Barbados Revenue Authority · guidance · read 2026-10-17
- Who must register for VAT
Barbados Revenue Authority · guidance · read 2026-10-17
- IFRS for SMEs Accounting Standard
IFRS Foundation / International Accounting Standards Board · standard · read 2026-10-17
- Value Added Tax — the Authority's VAT page, filing periods, registration and the online services portal the return is filed through
Barbados Revenue Authority · portal · read 2026-10-17
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