Note
Access to this page requires authorization. You can try signing in or changing directories.
Access to this page requires authorization. You can try changing directories.
European Union (EU) third-party trade occurs when you receive a purchase invoice from a customer in one EU country/region, and the products are sent to a different EU country/region without entering the country of residence. The transaction amount can be identified and reported separately to comply with some EU countries'/regions' value-added tax (VAT) reporting and VAT Information Exchange System (VIES) requirements. Microsoft Dynamics 365 Business Central enables purchase transactions to be set up as EU third-party trade. Posted EU third-party transactions can be filtered in VAT statements and excluded from the amount in the Sales to Customer column of the VAT-VIES Declaration Tax Auth report.
Prerequisites
For Sweden (SE) and Finland (FI) localized versions, activate the EU third-party trade feature in Feature Management.
Even if the feature is preinstalled as an extension, it isn't activated by default. Follow these steps:
- Select Search (Alt+Q)
in the upper-right corner, go to the Feature Management workspace, and then select the related link. - In the list, find and select Feature update: Replace the existing EU 3-Party Purchase functionality with the new EU 3-Party Trade Purchase extension.
- In the Enabled for column, select All users.
- Select Search (Alt+Q)
The EU third-party trade feature is unavailable in the German (DE) or Italy (IT) localized versions, because it's not compatible with the local VAT reporting and declaration features specific to these countries/regions.
Enable EU third-party trade functionality for a purchase
- Select Search (Alt+Q)
in the upper-right corner, enter VAT Setup, and then select the related link.
- On the VAT Setup page, mark the Enable EU 3-Party Purchase field.
Use EU third-party trade functionality
- Select Search (Alt+Q)
in the upper-right corner, enter Purchase Invoices (or another purchase document), and then select the related link.
- Select an existing purchase invoice, or select New to create a new one.
- On the Invoice Details FastTab, select the EU 3-Party Trade checkbox.
- Select OK.
Include or exclude EU third-party trade records on the VAT statement
Select Search (Alt+Q)
in the upper-right corner, enter VAT Statements, and then select the related link.On the VAT Statement page, select one of the following options to show EU third-party trade records by using the EU 3-Party Trade Filter field.
Option Description All Show all records, regardless of whether the EU 3-Party Trade field in documents was marked. EU3 Show only records where the EU 3-Party Trade field in documents was marked. Non-EU3 Show only records where the EU 3-Party Trade field in documents wasn't marked.