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Peter, We tested INV400 in a multi-company environment on V6004 and discovered numerous weaknesses, including: a.. A summary report was provided with no detailed audit trail. We were uncomfortable about presenting a report to the tax authorities if we was unable to trace back to the individual transactions being reported. b.. INV400 compares the country of receipt with the country selected for reporting. Any transactions where these do not match are included in the report. This caused issues in our multi-country envrironment, where INV400 included goods shipped from our French company to a French warehouse on the UK Intrastat report. c.. INV400 is based entirely on inventory transactions at order cost, whereas the reports should be produced at invoice cost. d.. INV400 makes no provision for the different Intrastat requirements in the different EU countries. e.. The version of the program that we tested reported in currency, but did not indicate which currency it was. We also found that it added together values in different transaction currencies. We decided to abandon the INV400 reports and generated our own Intrastat reports, driven from the tax tables. SYS240 and SYS250 are cumbersome reports and bear no resemblance to the EU reporting requirements. Again, we found that it was more effective to generate our own reports in the appropriate format for each country. We believe that you must be able to reconcile any Intrastat reports or EC sales lists with your tax reports. To achieve this you need to implement a robust VAT table that resolves different tax rate codes for local supplies, EU supplies of goods, EU supplies of services, and supplies outside the EU. These tax rate code can then be used to drive your EU reporting. Contact me off-line if you require any more info regards Tony Cregg ESS Ltd ESSENTIAL FINANCE Built by Finance Professionals for Finance Professionals Mobile: + 44 (0) 7803 116 258 Email address: tony.cregg@xxxxxxxxxxxxxxxxxxxx Web page: www.essentialfinance.net ----- Original Message ----- From: "Peter Haluska" <haluska@xxxxxxxxxx> To: "SSA's BPCS ERP System" <bpcs-l@xxxxxxxxxxxx> Sent: Tuesday, March 30, 2004 9:12 AM Subject: Intrastat and EC reports > Hi all, > > have somebody experience with EC Intrastat report (inv400) and EC-Sales and > Acquisitions lists(sys240,250)? > We use v6004 july 99cum MM. > Intrastat report is empty (but with 0 errors). > What is necesery to set up or fullfill? > > Thanks > Peter > > _______________________________________________ > This is the SSA's BPCS ERP System (BPCS-L) mailing list > To post a message email: BPCS-L@xxxxxxxxxxxx > To subscribe, unsubscribe, or change list options, > visit: http://lists.midrange.com/mailman/listinfo/bpcs-l > or email: BPCS-L-request@xxxxxxxxxxxx > Before posting, please take a moment to review the archives > at http://archive.midrange.com/bpcs-l. > >
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