Tax registration number
Requirement
All companies are given an identification number, named organization number, by authorities. This number is used when reporting corporate information to the government.
All countries that have VAT as a method of taxation require a VAT registration number. This number is often the organization number, with the addition of the country code.
In Norway, the VAT registration number, named Merverdiavgiftnummer, is eleven characters long, in this format:
NO nnn nnn nnn
The first two characters are used for the country code, followed by a unique number of nine digits.
M3 solution
The organization number, tax number, and VAT number of the company are stored on the division. The VAT numbers of the company’s customers and suppliers are stored per customer and supplier. The VAT number can be validated by M3. Validation rules are based on Modulo 10 or 97, depending on the type of number and country.
Configuration guidelines
Program ID | Program name | Description or comment |
---|---|---|
MNS100/G | Company. Connect Division | Specify the tax declaration number and the VAT registration number of the entity. |
CRS610/J | Customer. Open | Specify the VAT registration number of the customer. |
CRS620/E | Supplier. Open | Specify the VAT registration number of the supplier. |
CRS045 | Country. Open | Set the currency code to NOK. |
OIS002/F | Customer. Connect Addresses | Optionally, set the VAT reg no field to the VAT registration number. |