Overview

In the Transfer Payments (tfcmg1260m000) session, these localized reports for the electronic payment files enable the maintenance of bank transfers for Polish users:
  • The Multi Cash
  • The Elixir
  • The Video TEL
  • The CitiDirect

An additional Elixir report, designed following split payment requirements, is also introduced into the system.

Based on the Art. 108a point 1 of the Goods and Services Tax Act, the split payment is introduced on the 1st of July 2018, which means that payment for invoices may be made to a basic bank relation and to a separate VAT bank relation. Gross amount is paid to the business partner’s basic bank relation, then the tax amount is transferred to the VAT bank relation, which only fulfils the tax settlement purposes.

The requirements of the split payment are:
  • Invoices in PLN only
  • Payment as a bank transfer only, where: 1 transfer = 1 invoice
  • Specified details of the bank transfer: VAT amount, invoice number, business partner’s tax ID