Country version Hungary

Requirement

Set up a legal entity to support business operations in Hungary.

M3 solution

Specific functions and master data for Hungary can be activated.

Configuration guidelines for 'Country. Open' (CRS045)

Connection with Division.


Field	Value
Country	HU
Intr/Extra Stat	1-Int
Country cd ISO	HU
Country cd TST	64
Free trade assn	EU
Currency	HUF
Chk dig mtd VAT	03
VAT calc on C/D	0-No
Formatting rule	HU
SEPA country	Selected

Other fields can be left blank or set to 0.

Configuration guidelines for additional programs


Program ID	Program name	Description or comment
CRS008	Facility. Open	Connection with Division.
MMS005	Warehouse. Open	Connection with Division.
DRS045	Time Zone. Open	Connection with Division. Set the Time zone field to CET. Define the time zone for at least the current year and the next year.
CRS010	Language. Open	Specify this information: Doc language To define the language to be used in labels in printed documents, specify the language code in upper case. Lang code ISO Specify the ISO 639-1 language code in lower case. Although this field is optional in this program, we strongly recommend that you always set it to ensure the proper formatting of all the documents that you generate using the XMLOUT interface.
CRS055	Currency. Open	Connection with Division. Create a record for the currency HUF.
MNS100/G	Company. Connect Division	Set the Tax method field to 1-VAT/GST. We recommend that you set the VAT registration number of the company with the leading country code. If Intrastat reporting is required, select the Trade stat (Trade statistics) check box. Set the VAT sum method field to 2-Base mult rate. Set the Decimal format field to ,-comma. We recommend that you set the Curr conv mtd (Currency conversion method) field to 2-Division.
MNS100/K	Company. Connect Division	Set the Global electronic messages field to 1-Activated. During migration from an earlier M3 version, you can use the value 2-Activated per user in CRS692/P to control details from the E and F panels in the old setup, compared to those from the K, L, and M panels in the new setup.
MNS100/L	Company. Connect Division	Leave the System config field blank. To activate specific functions, set the Country version field to HU -Hungary. For Hungary, the definition of states is optional.