1

VAT reporting for legal entity

with tax registrations

in multiple countries

Anastasia Yashenina

Elizaveta Golub

Adam Trukawka

Dynamics Globalization

2

Disclaimer

This presentation contains Microsoft Confidential Information. Microsoft may use any suggestions, comments, or other feedback that you provide for any purpose without obligation. This presentation is provided for informational purposes only and represents Microsoft’s view as of the presentation date. Microsoft cannot guarantee the accuracy of any information after the presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted as a commitment on Microsoft’s part. This presentation is provided “as-is”.

Microsoft Dynamics 365 for Finance and Operations solution for preparation of VAT declarations, EU sales list and Intrastat reports for legal entity with tax registrations in multiple countries is pre-release software under development. All dates and features specified are preliminary, are based on current expectations, and are subject to change without notice. Microsoft may make changes to specifications and product descriptions at any time, without notice.

Sample code included in this presentation is made available AS IS. THE ENTIRE RISK OF THE USE OR THE RESULTS FROM THE USE OF THIS CODE REMAINS WITH THE USER.

MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION. NO LICENSE, EXPRESS OR IMPLIED, BY ESTOPPEL OR OTHERWISE, TO ANY INTELLECTUAL PROPERTY RIGHTS IS GRANTED BY THIS PRESENTATION.

© 2021 Microsoft Corporation. All rights reserved.

3

Agenda Overview

VAT declarations

Intra-community reporting

Roadmap

Q&A

4

Regulatory Reporting for legal entity with tax registrations in multiple countries

Legal entityBelgium

Tax registrationBelgium

Tax registrationNetherlands

WarehouseBelgium

WarehouseNetherlands Warehouse

NetherlandsWarehouse

Belgium

Tax registrationSweden

WarehouseSweden Warehouse

Sweden

Customers

Vendors

BE VAT

numberSE VAT

number

NL VAT

number

BE VAT

number

BE VAT

number

VAT Regulatory reporting *

VAT declaration

Intrastat

EU sales list

* Support of additional reporting

Support of some country specific fields or featuresMay require customization

Example scenario

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Prerequisites and features activation for legal entity

Features in feature management

• Tax registration IDs

• Sales tax settlement period for each Tax registration Id

• Currency in Sales tax codes

• Tax calculation parameters

Prerequisite features

• Tax calculation service

• Support multiple VAT registration numbers

is enabled and configured

• Tax in transfer orders

Tax Calculation Service in Dynamics 365 Finance and Dynamics 365 Supply Chain Management | September 16, 2021

Legal entity settings

• Sales tax declaration for multiple VAT

registrations

• Intrastat reporting for multiple VAT registrations

• EU Sales list reporting for multiple VAT

registrations

o EU sales list transfer based on tax

transactions only

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VAT declarations

7

Prepare VAT declarations

Report sales tax for

settlement periodSales tax payment

Electronic message

processing

Preview VAT

declaration BE

(EUR)

Preview VAT

declaration NL

(EUR)

Preview VAT

declaration SE

(SEK)

Settlement

period (BE)

Settlement

period (NL)

Settlement

period (SE)

VAT declaration

file (BE)

VAT declaration

file (NL)

VAT declaration

file (SE)

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ER formats and EM packages

Release Country ER format EM package Link to topic

10.0.19 AllTax declaration model.version.85

Tax declaration model mapping.version.85.138

Reporting for multiple VAT

registrations

10.0.19 NLVAT Declaration XML (NL).version.85.14

VAT Declaration Excel (NL).version.85.14.17

NL VAT declaration EM package VAT declaration for Netherlands

10.0.20 FR VAT Declaration Excel (FR).version.85.15

FR VAT declaration package KB4618957 VAT declaration (France)

10.0.21 UK

Tax declaration model mapping.version.95.158

MTD VAT importing model mapping (UK).version.31.36

VAT Declaration Excel (UK).version.32.30.16

VAT Declaration JSON (UK).version.32.31

UK MTD VAT setup_v4_KB4617940 Making Tax Digital – VAT return

submission in the United Kingdom

10.0.21 SEVAT Declaration XML (SE).version.95.11

VAT Declaration Excel (SE).version.95.11.13

SE VAT declaration EM package VAT declaration (Sweden)

10.0.21 CH

Tax declaration model.version.96

Tax declaration model mapping.version.96.164

VAT Declaration XML (CH).version.96.16

VAT Declaration Excel (CH).version.96.16.9

CH VAT declaration EM package VAT declaration (Switzerland)

What’s new in Making Tax Digital for

VAT in Dynamics 365 Finance - UK |

September 8, 2021 - Microsoft

Dynamics Blog

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Configure VAT declaration report

SuppliesServicesGeneralTariff

SuppliesServicesByWhichVATTaxati

onIsTransferred

SuppliesToCountriesWithinTheEC

VAT declaration

Preconfigured report elements

NLVAT

NLRC

NL0

Application Specific parameters

Sales tax codes

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DEMO

Set up VAT

declarations

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ScenarioBEL: Intrastat arrival from DEU

Intrastat dispatch to NLD

EU sales list to NLD

VAT declaration

NLD: Intrastat arrival from BEL

Intrastat dispatch to FRA

EU sales list to FRA

Intrastat dispatch to SWE

EU sales list to SWE

VAT declaration

SWE: Intrastat arrival from NLD

Intrastat dispatch to DNK

EU sales list to DNK

VAT declaration

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DEMO

Preview VAT

declaration for

multiple VAT

registrations

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15

DEMO

Generate VAT

declarations

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Configure Electronic messages

LCS

Download Example packages for countries from LCS Shared asset library https://lcs.dynamics.com/V2/SharedAssetLibrary

Data management

Import package to Legal entity in Data management workspace

Electronic messages

https://docs.microsoft.com/dynamics365/finance/general-ledger/electronic-messaging

Assign Sales tax settlement period to Country processing

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Intra-community

reporting

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Electronic reporting formats

Update Country ER format

10.0.19 All EU Sales list model.version.9

10.0.19 NL EU Sales list (NL).version.1.10

10.0.20 FR EU Sales list (FR).version.1.2

10.0.20 UK (NI)EU Sales list XML (UK).version.9.6

EU Sales list TXT (UK).version.9.7

10.0.21 AT EU Sales list (AT).version.9.5

10.0.21 DE EU Sales list (DE).version.9.5

10.0.21 ES EU Sales list (ES).version.9.3

10.0.21 SEEU Sales list model.version.13.xml

EU Sales list (SE).version.13.7.xml

Update Country ER format

10.0.19 All Intrastat model.version.16

10.0.19 NL Intrastat (NL).version.1.3

10.0.20 FRIntrastat INTRACOM (FR).version.13.5

Intrastat SAISUNIC (FR).version.1.3

10.0.20 UK (NI) Intrastat (UK).version.1.2

10.0.21 AT Intrastat (AT).version.16.3

10.0.21 DE

Intrastat model.version.22

INSTAT XML.version.22.9

INSTAT XML (DE).version.22.9.9

10.0.21 ES Intrastat (ES).version.16.7

10.0.21 SE Intrastat (SE).version.16.4

INTRASTAT

EU SALES LIST

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Set up EU sales list

EU Sales list reporting - Finance | Dynamics 365 | Microsoft Docs

BE (EUR)

NL (EUR)

SE (SEK)

Excluded=No

BE - EU

NL - EU

SE - EU

Excluded=No

Country/region

properties

Tax calculation

service

Reporting

currency

List code

Applicability

rules

Reporting

type

Item

Service

List code Reporting

format

Item sales tax

groupsSales tax

codes Foreign trade parameters

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Set up Intrastat

BE – EUCurrency - EUR

NL – EUCurrency - EUR

SE – EUCurrency - SEK

Country/region

properties

Foreign trade parameters

Transaction

codes

Minimum

limits

Compression

rules

Transfer

rules

Reporting format

Intrastat overview - Finance | Dynamics 365 | Microsoft Docs

Foreign trade parameters

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Intrastat Compression rules

Value Austria Belgium France Germany Netherlands Northern

Ireland (United

Kingdom)

Spain Sweden

Direction (Flow) Yes Yes Yes Yes Yes Yes Yes Yes

Commodity code Yes Yes Yes Yes Yes Yes Yes Yes

Partner Member State Yes Yes Yes Yes Yes Yes Yes Yes

Transaction code Yes Yes Yes Yes Yes Yes Yes Yes

Tax exempt number (VAT number

of partner)

No Yes Yes No Yes No No No

Country of origin Yes Yes Yes Yes Yes No Yes No

Delivery terms No Yes No No No Yes Yes No

Mode of transport Yes Yes Yes Yes No No Yes No

State of origin No Yes No Yes No No No No

County of origin No No Yes No No No Yes No

Statistics procedure Yes No Yes No Yes No Yes No

Transport document No No No No Yes No No No

Port ((Air)port of (un)loading) No No No No No No Yes No

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DEMO

Generate Intra-

community reporting

for multiple VAT

registrations

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25

Roadmap

and

Resources

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• Define VAT declaration, Intrastat, EU sales

list formats for multiple tax registrations

• Transfer Intrastat in country currency

• Transfer EU sales list in tax code currency

• Include transfer orders in EU sales list

• Netherlands

,

10.0.19 10.0.21 Planned

10.0.20 10.0.23

• France

✓VAT declaration (EFI mode)

• United Kingdom

• Sweden

✓VAT declaration in XML

✓ EU sales list

• Switzerland

✓VAT declaration in XML

• Austria

• Germany

• Spain

✓VAT declaration 303

• Norway

• Poland

• Finland

• Denmark

• Belgium

Roadmap

27

https://docs.microsoft.com/dynamics365/finance/

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Join our Yammer group:

Yammer : Finance and Operations Insider Program : Private: TAX REPORTING

INSIDER Program sign up: Experience Dynamics 365

TechTalks:

TechTalk: Tax Calculation Service in Dynamics 365 Finance and Dynamics 365 Supply Chain Management |

September 16, 2021

TechTalk: What’s new in Making Tax Digital for VAT in Dynamics 365 Finance - UK | September 8, 2021

Documentation:

Multiple VAT registration numbers - Finance | Dynamics 365 | Microsoft Docs

Reporting for multiple VAT registrations - Finance | Dynamics 365 | Microsoft Docs

Resources

29

Q&A

Regulatory reporting for

legal entity with

tax registrations in

multiple countries

THANK YOU !