Disclaimer: This blog serves as an introductory guide to the product functions within SAP S/4HANA related to VAT compliance for EU cross-border goods movement under the same company code. It should not be considered as legal advice. For specific legal counsel and advice on VAT compliance and related matters, it is advisable to consult with a qualified tax advisor or legal professional.
1. What is EU Cross-Border Movement of Own Stock?
2. What are the Potential VAT Implications?
3. How Proposed Tax Posting solution can help?
4. Proposed Tax Posting for Intracompany Stock-Transfer Process
5. Simplified Consignment Process & Consignment Register – Sales View.
7. Useful Links for Further Information🔗
Step 6: Select multiple Proposed Tax Posting Items to check the aggregated Tax which will be posted to one Accounting Journal Entry.
Step 7. Post to Accounting.
Step 8. Preview and Download.
Intra-Community Sales and Acquisition Posting
Check Point 2: VAT Return Report
Check Point 3: EC Sales List
Disclaimer: The EU’s VAT in the Digital Age proposals might impact the Call-off simplification under Article 17a and eliminate the related reporting requirements under Articles 243(3) and 262(2). Please consult your tax advisor for legal advice.
However, it will still be included in Intrastat Dispatch for the departure country, but not destination country.
If you as a supplier use a customer consignment process with intra-community simplification rules between two EU countries under the new European Council Directive 2006/112/EC Article 17a, you are legally required to track all movements of your consignment goods to and from the call-off stock.
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