IBS Enterprise Help Centre 7.0

Commodity code: This column lists the existing commodity codes for the invoice. The commodity codes are used for classifying the goods according to EU regulations. Every item shipped from one EU country to another must have a commodity code. The codes are printed on customer order documents, and updated in the EU statistics file. They must be printed on the INTRASTAT declarations.

Matched amount VAT curr: Displays the matched amount in VAT reporting currency.

Ancillary cost VAT curr: Displays the ancillary cost in VAT reporting currency.

Work with EU statistics (SIPD11204)

On this panel you enter new or maintain EU statistics for the selected debtor and transaction.

Country dispatch to: The country to which the goods was dispatched is defaulted. Normally, this is the country of the customer, but you may change it to another country.

Terms of delivery: Mandatory entry. Enter the terms of delivery for the transaction.

Nature of trans: Mandatory entry. Enter a code to indicate the nature of the transaction for the transaction.

Manner of transport: Mandatory entry. Enter the manner of transport for the transaction.

Port of dispatch: Enter the port of dispatch for the transaction, if the manner of transport is by sea or by air.

Commodity code: Mandatory entry. Enter the commodity code for the transaction. The commodity codes are defined in Work with commodity codes and used for classifying the goods according to EU regulations. Every item shipped from one EU country to another must have a commodity code, which can be entered for the item in the Item file. The codes are printed on customer order documents, and updated in the EU statistics file. They must be printed on the INTRASTAT declarations.

Weight in kg: Mandatory entry, if Quantity statistics is set to YES for this invoice. Enter the weight in kilograms of the goods.

Dispatched quantity: Enter the dispatched quantity. If you have used a commodity code with a conversion factor defined between the sales and the reporting unit, then the system will calculate the reporting quantity.

Dispatched unit: Mandatory entry, if Dispatched quantity is completed. Enter the unit of measure used for the quantity sold. The system will base the calculation of the reporting quantity on this unit of measure.

Reporting quantity: Optional entry. Enter the reporting quantity for the delivered quantity. If you have used a commodity code with a conversion factor defined between the sales and the reporting unit, then the system will calculate this quantity.

Reporting unit: If a reporting unit is needed, then the system will retrieve the reporting unit defined in Work with commodity codes.

Amount: Mandatory entry. Enter the value of the goods. The default is the difference between the invoice amount and the matched amount.

Ancillary cost: Enter the ancillary cost for the transaction, e.g. freight and insurance costs. This can be calculated by the system based on the percentage found in Work with border values for this combination of terms of delivery, trader country and debtor country.

Stat procedure: Enter the applicable code for the trader country from Work with statistical procedures to indicate on which procedure this line must be declared.

Quantity statistics: YES is defaulted, which means that you must enter a weight for the goods. If you set to NO, then a weight need not be entered.