Tax reporting – supporting multiple tax registration numbers
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|Enabled for||Public preview||General availability|
|Users by admins, makers, or analysts||Apr 16, 2021||Oct 15, 2021|
Businesses can configure a legal entity in the system, and then associate the legal entity with multiple sales tax and VAT registration numbers.
When you run tax reports, you can select a specific tax registration number and run the reports for that number. When you execute the VAT Declaration, EU Sales List, and Intrastat, you can select the necessary tax registration number, filter required report transactions based on the number, and then create country-specific formats of the tax report. The functionality is activated together with the Tax Calculation service where the exact tax numbers for a transaction are determined and saved in the system. In the October 2021 release update, the following countries are supported:
- United Kingdom
Support for the following countries or regions is planned in subsequent updates of 2021 release wave 2:
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