Working with EU statistics in A/R

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This routine is used for the process of entering and reporting statutory EU information. You can enter and maintain trade statistics on sales for your manually entered A/R invoices. The system also handles the different reporting requirements for you as an EU member. You are able to create the following two reports that are required by the EU:

  • An EU VAT sales report includes all the sales transactions to other EU countries done over the last quarter, month or the entire year. Normally, the monthly EU VAT sales report is created.
  • A monthly Intrastat declaration includes all the transactions on the dispatches and arrivals over the last month.

Note: Invoices that have been created within DC1 Distribution will generate EU statistics automatically when the accounting transactions have been transferred to DC1 Financials. If you have not sold a product through the Sales order entry routines in DC1 Distribution, then the EU statistics must be entered manually in this routine.

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