Example of Company and Intrastat Reporting in Different Currencies

The corporate office is located in England and has three branch companies, each with a different base currency. You must submit all Intrastat reports in British pounds (GBP). This table shows the companies and base currencies:

Company	Base Currency	Intrastat Reporting Currency
Company 1	GBP	GBP
Company 2	EUR	GBP
Company 3	CAD	GBP

For Intrastat reporting purposes, consider these guidelines:

• For company 1, do not run the Intrastats - Tax Update - Sales (R0018I1) and Intrastats - Tax Update - Purchasing (R0018I2) programs. The company base currency and Intrastat reporting currency are the same.

• For company 2, run the Intrastats - Tax Update - Sales and Intrastats - Tax Update - Purchasing programs to update EUR amounts to GBP.

• For company 3, run the Intrastats - Tax Update - Sales and Intrastats - Tax Update - Purchasing programs to update CAD amounts to GBP.

For companies 2 and 3, run the programs to load information in the Intrastat Revision table (F0018T) and update the amounts. Do this one company at a time, creating a separate version for each company. For both companies, specify GBP and the exchange rate date in the processing options for as if currency.