VIES VAT number validation in SAP
SAP Integrated VAT Number ValidationVIES is an electronic service setup by EU Commision to allow validation of VAT numbers of companies in the European Union for cross border transactions of goods or services.
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REGULATION
What is VIES and how it works
With the introduction of the single market on 1 January 1993 , fiscal customs based controls at internal frontiers were abolished and a new VAT control system was put in place for intra-Community trade. The most significant benefit was the reduction of the administrative burden on companies; with the elimination of some 60 million customs documents per annum.
Under the new VAT system intra-Community supplies of goods are exempt from VAT in the Member State of despatch when they are made to a taxable person in another Member State who will account for the VAT on arrival. Therefore any taxable person making such supplies must be able to check quickly and easily that their customers in another Member State are taxable persons and do hold a valid VAT identification number. For that purpose, inter alia, each tax administration maintains an electronic database containing the VAT registration data of its traders. Such information includes the VAT identification number, the trader’s name, the trader’s address.
HOW CAN S4FN HELP WITH VIES CHECK IN SAP
Automated solution directly in SAP
S4FN provides a solution in SAP compatible with SAP ECC and S/4HANA which compares your contractors data with VIES database via VIES webservice without need of certain integration tools.
Automated validation directly in SAP
Supports boths SAP ECC and S/4HANA
Single transport icnludes all objects
All objects are in registered /S4FN namespace
S4FN SAP VIES checker installed by a single transport order without any setting in SAP
Connectivity is accomplished with an RFC definition
MAINTANENCE
Support
We provide a support package for a yearly subscription. With this subscription you are safe against any regulatory changes, bug fixes and we provide help via our online ticket system. Any update on the product provided as part of the maintanence contract.
