This routine is used for the process of entering and reporting statutory EU information. You can enter and maintain trade statistics on purchases for your manually entered A/P invoices. The system also handles the different reporting requirements for you as an EU member. You can create a monthly Intrastat declaration, that includes all the transactions on the dispatches and arrivals over the last month. This report is required of the EU.
If you have installed DC1 Distribution, the EU statistic entries can be created automatically for matched invoices. This is done if the invoices are matched against goods received transactions, and if the Invoice matching function is activated during the A/P invoice entry.
DC1 Distribution
When purchasing through DC1 Distribution there are two ways in which you can create EU statistics automatically:
- Select the Transfer Intrastat from DIS to FIN menu item.
- Match the A/P invoices to purchase orders through DC1 Financials.
If you purchase a product outside of DC1 Distribution, then the EU statistics must be created manually in this routine.
Printouts
- EU Intrastat detail list – showing information about your trading with EU countries, depending on what you select. See Print EU Intrastat details.