Intrastat code table in SAP Business One
the Intrastat code table is a Database table in SAP Business One, the Default values for business documents in order to Intrastat declaration to create. This message is a Statistical recording of the intra-Community trade in goods between companies within the European Union (EU).
1. purpose and function
- Purpose: Provision of standard values for business documents that are required for the Intrastat declaration are required.
- Data basis: The table serves as a central Data source for the preparation of the Intrastat declaration.
- Country-specific: The requirements for the Intrastat declaration vary depending on the Countrywhich is why the code table must be adapted to the specific country.
2. use in the Intrastat process
- Default values: The table provides default values for Business documentsto create the Intrastat declaration correctly.
- Avoidance of errors: The use of valid codes reduces errors when creating notifications.
- Legal requirements: The table helps companies to legal requirements to fulfil the requirements of the Intrastat declaration.
- Data basis: The code table is the basis for the Correct and complete creation of the message.
3. intrastat add-on and processing
- Intrastat add-on: SAP Business One offers a Intrastat add-onwhich can be used to create Intrastat declarations directly from the system.
- Code update: On Tool enables the regular updating of Intrastat settings and code tables.
- Intrastat Declaration Editor: The messages can be sent using the Declaration Editor can be edited, added or deleted.
4. maintenance and updating
- the Maintenance of the Intrastat code table is crucial to ensure that they always reflect the current official requirements corresponds.
- Changes in the codes or new legal requirements must be entered regularly.
Significance for companies
- Correct Intrastat declarations: the Table ensures that messages are provided with the correct codes and sent correctly to the national authorities be transmitted.
- Legal conformity: Companies in the EU are obliged to provide their intra-Community trade to report. The Intrastat code table supports this legal obligation.
- Efficiency: The direct creation of Intrastat declarations from SAP Business One saves time and reduces errors.
Versino Financial Suite
the Versino Financial Suite improves the handling of the Intrastat code table by strongly supporting its maintenance, validation and evaluation and integrating it into a holistic, user-friendly platform. This makes the entire Intrastat reporting process in SAP Business One more transparent and efficient.
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