VAT Number Validation in SAP Business One
How many times have you had difficulty verifying your VAT Validation Number? Or is it still valid? Today we are going to show you how you can easily and quickly validate the VAT ID Validation Number of your customers and suppliers.
As such, there are different business processes where verifying the Business Partner’s VAT ID Validation Number is crucial. Secondly, the European Union recommends validating VAT ID Validation Number to prevent cases of tax fraud and evasion.
Through the new VAT ID Validation Number feature you can, with just two clicks, easily validate and verify the VAT ID Validation Number.
The first step to follow is to enable the setting. Go to General Settings => BP TAB and check the “Check NIF for Business Partners and Documents” option:
The next step will be to verify the validation of the Business Partner’s VAT Identification Number. To do this, you need to go to the Master Data of the Business Partner and choose the “Check VAT Numbers” option:
As a last step, choose the option next to the Federal Tax ID in the Business Partner Master Data and open the Verification window and you will have the validation result.
If you have followed all the steps according to this document, you will have the necessary solution for the verification and validation of the VAT Number Validation.
This solution is available in SAP Business One 10.0 FP 2105 and SAP Business One 10.0 FP 2105, version for SAP HANA for all EU countries.
Written by Ari Shapira | LinkedIn
