How to: Set Up EU Third-Party Purchase Transactions

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 Sweden. The transaction amount must be identified and reported separately to comply with Swedish VAT reporting and VAT Information Exchange System (VIES) requirements. Microsoft Dynamics NAV includes Swedish enhancements that allow purchase transactions to be set up as EU third-party trade. Posted EU third-party transactions can then be filtered in VAT statements and excluded from the amount in the Sales to Customer column in the VAT- VIES Declaration Tax Auth report.

To set up EU third-party purchase transactions

  1. In the Search box, enter Purchase Invoices, and then choose the related link.

  2. On the Actions tab, choose New.

  3. On the Foreign Trade FastTab, select EU 3-Party Trade.

  4. Choose the OK button.

See Also