Connection of customs documents to import invoices

Requirement

Each supply from foreign suppliers goes through customs authorities. The receiving company usually receives a customs invoice, which states the VAT amount and customs duty. For tracking purposes, customs invoices can be linked to normal invoices for the goods from the supplier.

In this country, a proof that the goods have been imported and declared to customs is required. Customs invoices must be linked to the underlying supplier invoice. Several invoices can be connected to one customs invoice. Invoices without a customs invoice may not be reported in VAT reports.

M3 solution

M3 provides functionality to connect customs documents to a supplier.

M3 provides functionality to connect a customs document (customs invoice) to a supplier by a specific FAM Function in APS100.

The value of a customs invoice could be zero since it is only used to state the VAT and the base amount for the VAT declaration in TXS100. Apart from this, a customs invoice can contain one or several types of customs fees. These fees and the VAT are defined by the tax authorities and cannot be calculated automatically by M3.

Example of a customs invoice:

Accounts payable invoice amount = 0,00 since no customs duty needs to be paid, but the invoice reference from the customs invoice to the original invoice is needed. For VAT reporting purposes, in TXS100 the base amount and VAT amount from the customs invoice must be shown (but not the basic import invoice).

Posting transactions proposed:

For more details, see KB2140580.

Configuration guidelines