If your company is in the European Union (EU), you must report the extent of your trade with other EU countries/regions.
You can prepare a report based on entries in an Intrastat journal. To record the information that the Intrastat authorities require, you must:
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Set up tariff numbers and assign them to items.
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Set up transaction types and transport methods and assign them to sales and purchase documents.
Optionally, you can also set up transaction specifications, areas, and entry/exit points.
You must also set up Intrastat journal templates and batches.
The following table describes a sequence of tasks, with links to the topics that describe them. These tasks are listed in the order in which they are generally performed.
To | See |
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Set up various Intrastat codes, such as tariff numbers, transaction types and transport methods. | |
Create Intrastat journal templates and batches that you will use for Intrastat reporting. |