OverviewSurf Accounts added two reports for IE and UK businesses that are required to be filed with Revenue and detail the EU trade that a business carries out. |
|
VIES (Vat Information Exchange System) |
|
This is a report of zero-VAT-rated transactions to non-local EU customers. It is required to be filed either monthly or quarterly, so month from/to selections appear. Report will select only those transactions where Invoices carried out with zero VAT rate between eu business and non-eu local customers. |
|
Accessing VIES |
|
To access the VIES, select Accounts» General Ledger» VIES, the following screen will appear. |
|
|
|
The VIES browser appears. To add a new VIES select Add button. Select the Month and the year up to which the VIES will be generated. Save the settings. |
|
|
|
A message appears. Select proceed to generate the report. |
|
|
|
Select proceed to generate the VIES report. The VIES browser generates the report. Select the report and click OPEN. Select Print. |
|
|
|
Columns displayed on the report are: |
|
|
|
|
|
|
|
|
|
|
|
For zero-rated EU transactions, the business is required by law to have the customer's VAT number, so VAT number should be entered in the customer details. |
VIES
Have more questions? Submit a request
Please sign in to leave a comment.
0 Comments