Modelo 347: Third-party operations report

Modelo 347 is an annual informative declaration that lists all clients and suppliers with whom you had operations exceeding EUR 3,005.06 during the calendar year. It must be filed by February 28.

k-factu automatically tracks your operations and shows the Modelo 347 data on Tax > Calendar. The report includes:

- Client/supplier name and NIF

- Total amount of operations in the year

- Breakdown by quarter

Both parties (you and your client) must declare the same amounts, so accuracy is critical. k-factu calculates these totals from your invoices and expenses automatically.