Process Indicator

Enter the code for the process indicator, which is used in setting up the EU Sales List Report for companies in European Union (EU) countries. The code you choose is reflected in the information that is included in the EU Sales List Report and the EU VAT Report.

You can also specify a Process Indicator value to be used as a default for orders processed for a specific customer, vendor, or warehouse.

To enable the Process Indicator field, you must have the Activate EU Reporting check box selected on the General Parameters form.

On the EU Sales List Report this field is a range. Enter the range of codes to appear on the report.

Example

In the UK, you might use one of these codes:

• 0 - The value of the goods and related costs; even if you have not invoiced them or been paid yet.
• 2 - You did not handle the goods yourself; your supplier sent them directly to your customer. This is known as triangulation.
• 3 - The value of the services you have provided where the place of supply is the customer's country and the services are subject to a reverse charge.
• Blank – The goods are being sent for repair in another EU country. (Code 3 is reflected in the EU Sales List Report and the EU VAT Report.)

Consult your local tax office for information about the appropriate code to enter in this field.