Purchase book for VAT reporting – Izpis obračunanega DDV

Requirement

In several countries, VAT controls are more developed than in other countries. One common method is that each company must report all the invoices they have sent to customers.

M3 solution

The calculation, accounting, reporting, and reconciliation of value added tax is supported by generic functionality in M3. This process is supported through VAT report templates. These templates are user defined and used in VAT proposals, reconciliation, and report functions. Reports and electronic messages are based on these templates.

For this country version, this Financial Business Message (FBM) is used: M3FBM_SI_Out_Electronic_VAT_PurchaseBooks_2023 which supersedes the Ad Hoc reporting.

See the M3 CE Core Administration Guide for the ION configuration of this message.