The following topics provide you with information about special tax processing required within the European Union, and the configuration settings necessary for dealing with this in the SAP System. For more detailed information on how to make these settings, see the Implementation Guide for Financial Accounting under Financial Accounting Global Settings ® Tax on Sales/Purchases.

European Single Market and VAT Processing: Overview

VAT Registration Number

Fields in the Line Item

Identifying the EU Countries

Company Code VAT Registration Number

Preparations for Outgoing Invoices

Preparations for Posting Outgoing Invoices

Preparations for Incoming Invoices

Preparations for Posting Incoming Invoices

Delivery of Goods as Part of Triangular Deals

Reports for the Tax Authorities