Creating intrastat information
Use intrastat information to add Intrastat data or to maintain Intrastat data that was generated by another application. Intrastat is the system for collecting information and producing statistics on the trade in goods between countries of the European Union (EU).
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Select Financials > Receivables > Tax Setup > Intrastat Setup > Intrastate Information.
Or select Financials > Receivables > Tax Setup > Intrastat Setup > Intrastate Information
- Click Create.
- Select a Tax Entity and Fiscal Year.
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On the Main tab, define the customer or vendor information:
- System
- Specify the system that the intrastate transaction originated.
- Document Number
- Specify the Payables invoice number, the Purchasing receiving number, or sales order number for the current transaction.
- Transaction Type
- Select the type of transaction to add or maintain. If the transaction is a purchase, then select Purchase Arrivals and specify the vendor information. If the transaction is a sale, then select Sales Dispatches and specify customer information.
- Nature of Transaction Code
- Select a valid nature of transaction code.
- Report Year
- Specify the fiscal year for which to report data.
- Intrastate Date
- Specify the date that is used to report intrastate transactions. If the intrastate transaction was created through purchase order receiving, then the Intrastate Date is the Receiving Date.
- Currency Rate
- Specify the currency rate for the transaction. To override the current exchange rate in Currency when the company and the customer or vendor currencies are different, specify an exchange rate.
- Company
- Specify the company.
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In the Customer and Vendor sections, specify this
information:
- Customer Group, Vendor Group
- Specify the customer group and vendor group.
- Number
- Specify the customer and vendor number.
- Currency
- Specify the currency that is used by the customer and the vendor.
- VAT Number
- Specify the VAT number of the customer and the vendor.
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On the Transport
Info tab, define the origination and destination information and
other codes.
- Mode of Transport
- Specify the mode of transportation that is used at the border crossing.
- Drop Ship Indicator
- Specify whether this is a drop-shipment. This is also known as a triangulated shipment.
- Delivery Terms
- Specify the terms of delivery.
- Delivery Date
- Specify the date of delivery.
- Statistical Procedure Code
- Specify the statistical procedure code that is applied to the data.
- Specify the Origination and Destination information for the shipped goods.
- Click Save.