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Accounting and invoicing for metalworking firms

Railings, gates, stairs, canopies and special fabrications: metalworkers build to drawing, bill material by weight and fabrication by the hour and often fit at the customer. Saldiqo issues a deposit on order, bills material and hours separately and records steel and supplier invoices.

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What comes up for metalworking firms

Fabrication to drawing

Every piece is unique. A quote with drawing and price comes first, changes cost extra.

Material by weight

Steel, stainless steel and aluminium have fluctuating prices. Whoever assigns receipts per job calculates better.

Galvanising and powder coating

Surface treatment is a third-party service that you re-invoice.

How Saldiqo helps

  • Deposit on orderFrom the quote you create the deposit invoice on ordering.
  • Material and hours kept apartMaterial as items, fabrication and fitting with time tracking.
  • Re-invoice third-party servicesRecord galvanising and powder coating as expenses and re-invoice them.
  • Cost centre per jobMargin per job from material, time and revenue.

Typical invoice lines

Examples that often appear on invoices in this industry. You set the prices yourself.

  • Stainless steel railing, fabrication and fitting, running metres
  • Double yard gate, to drawing
  • Galvanising and powder coating as per receipt
  • Fitting on site, hour
  • Material as per delivery note
  • Deposit 40 % on order

Tax and invoicing in Cyprus

What applies to invoices in Cyprus, in short. As of October 2026.

VAT
Rates 19 %, 9 %, 5 % and 3 %, plus 0 % until 31 December 2026 for infant milk, nappies, hygiene products and fresh fruit and vegetables.
VAT registration
The threshold is €15,600 of taxable turnover over 12 months, or expected within the next 30 days. If you sell services to businesses in other EU countries, you generally register from the first sale. Until you are registered, Saldiqo leaves VAT off and adds up your turnover.
What goes on an invoice
Even businesses that are not VAT registered must issue invoices and receipts. Companies show their name, HE number, the words “private company” where they apply, and their registered office. Notes such as reverse charge appear in Greek and English.
Invoice timing
Issue invoices within 30 days.
E-invoicing
There is no mandate. Public bodies accept e-invoices (Peppol BIS 3.0) and suppliers send them voluntarily. EU rules follow from 1 July 2030.
VAT returns
VAT4 returns are filed online through TFA, quarterly with staggered periods, by the 10th of the second month after the period, moved to the next working day if it falls on a weekend. Saldiqo does not file returns.
Record keeping
Plan for 10 years. The minimum is 6 years, VAT records can need up to 7 years, and OSS records 10 years.
Late payment
Interest on late business payments is 10.40 %, plus €40 compensation between businesses.
Languages
Use Saldiqo in Greek or English and send invoices in either language.

Frequently asked questions

How do I bill special fabrications?

With a quote, a deposit on order and a final invoice after fitting.

Can I re-invoice galvanising costs?

Yes. You record the invoice as an expense and re-invoice it as a line.

Do metalworking firms in Cyprus have to charge VAT?

Once they are registered, yes. The threshold is €15,600 over 12 months, or expected within 30 days. Services to businesses in other EU countries require registration from the first sale.

Do metalworking firms in Cyprus need e-invoicing?

No. Public bodies accept e-invoices through Peppol and suppliers use it voluntarily. EU rules follow from July 2030, so PDF invoices remain fine today.

How long should metalworking firms keep invoices?

Plan for 10 years: the minimum is 6 years, VAT records can need up to 7 and OSS records 10. You can store receipts digitally in Saldiqo. The legal duty to keep records stays with you.

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Write invoices, match payments, collect receipts and send reminders: free and without a trial period.

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As of October 2026. General information, not legal or tax advice, without guarantee. For your case ask your tax adviser.