
Intrastat Processing for Czech Republic (5Z4)
This scope item provides system-generated Intrastat declarations.
Intrastat is a statistical system used to collect information from enterprises regarding trade between European Union (EU) member states.
When the EU was created in 1993 and the initial EU member states became part of the single market, information about their trade with other EU member states could no longer be obtained from customs documents.
Intrastat evolved as a replacement to collect information directly from enterprises about dispatches and arrivals of commodities among member states. Today, Intrastat is used for collecting statistics on the trade in goods (services are excluded) between the EU member states.
Key Process Steps Covered
- Create information provider
- Manage commodity codes and Intrastat service codes
- Collect Intrastat data
- Review Intrastat data
Benefits
- Integrate tightly with sales and purchasing processes
- Automate Intrastat declaration forms
Additional Information
- This scope item is excluded from the default activation
The scope item is only applicable for Registration for Indirect Taxation Abroad (RITA) cases. For example, the customer has company code and tax registration in Czech Republic but tax registration in Germany too, and they want to run the Intrastat report for Germany.
Where is Intrastat Processing for Czech Republic(5Z4) being used?
This Scope item is used in the following way:
- As a management function of Enterprise Risk and Compliance within Finance Scope Item Group