Intrastat (SAP Business One)

That Intrastat reporting in SAP Business One collects statistical data on the movement of goods within the European Union (EU) and transmits it to the relevant authorities. It is particularly relevant for companies that send or receive goods within the EU.

Important aspects of Intrastat in SAP Business One

Mandatory reporting:
Companies are subject to the Intrastat reporting obligation if they exceed the thresholds set by the individual EU member states. The type of goods and their value or quantity are decisive.
Collection of relevant data:
SAP Business One allows you to record all the necessary information, such as commodity code, value of goods, weight and country of delivery. This data is stored in documents such as Offered, orders, deliveries and invoices.
Automation:
The software offers functions to automatically create Intrastat declarations and transmit them directly to the responsible authorities. This significantly reduces the administrative workload.
Reports and analyses:
Various reports in SAP Business One provide a detailed overview of the intra-Community movement of goods and the Intrastat-relevant data, making it easier to check and correct.

Versino Financial Suite

the Versino Financial Suite makes Intrastat reporting in SAP Business One more practical, secure and efficient by systematically checking data collection, centralising evaluations and supporting the automated compilation of reporting data. Sources of error are minimised, the coordination effort is reduced and compliance with the statistical reporting obligation for the movement of goods within the EU is made easier.

FAQ-FINANCE-SAP BUSINESS ONE