Exact Globe

Product Update 403: Online submissions for EU sales list supported (Irish legislation)

In Ireland, the VAT Information Exchange System (VIES) regulates the declarations of VAT-registered traders dealing with intra-community supplies of goods. Customers are now encouraged to submit their declarations electronically via the Ireland Revenue Online-Service (ROS). For more information, see http://www.revenue.ie/en/index.html. Changes have been made to the EU sales list functionality to ensure that you are able to submit a final EU Sales List online. 

The following changes have been implemented for the Irish legislation:

VAT maintenance

EU sales list screen

• In the EU sales list screen, at the Frequency field, the Bi-monthly option has been removed and a new field, Directory has been added under the Returns section. You can define a directory where the generated XML file will reside at Directory under the Returns section. The Directory field is mandatory.
• When you select Yearly at Frequency under the Returns section, you have two option, A1 or A2 to select at the Annual field. By default, A1 is selected.

You can select option A1 at the Annual field when:

• the trader’s supplies of goods and related services do not exceed or are not likely to exceed 200,000 EURO in the calendar year,
• the intra-community supplies do not exceed or are not likely to exceed 15,000 EURO in the calendar year, and
• the supplies do not include the supply of new means of transport

You can select option A2 at the Annual field when:

• the trader’s supplies of goods and related services do not exceed or are not likely to exceed 85,000 EURO in the calendar year
• the intra-community supplies do not exceed or are not likely to exceed 15,000 EURO in the calendar year

When Final is selected at Type under the Returns section in the EU sales list screen, the system will automatically save a copy of the XML file generated at the directory defined at Directory under the Returns section in the EU sales list screen. The XML file generated can also be retrieved at CRM à Entries à Documents, when ICT listing is selected at Type in the Documents overview screen. The following message is displayed to indicate that the XML file has been generated.

When Trial is selected at Type under the Returns section in the EU sales list screen, the system will automatically save a copy of the XML file generated at the directory defined at Directory under the Returns section in the EU sales list screen.

XML file generated

• The following is a sample of the trial and final VAT XML file:

• It is possible to generate nil returns, if there are no transactions for a particular period.