Understanding EU and SEPA (Single Euro Payment Area) Functionality

This table provides an overview of EU setup and processes that you use in addition to the standard setup and processes provided in the base software.

Setup or Process	Description
UDCs	In addition to the base software UDCs, set up EU UDCs to work with: Intrastat reporting. See Setting Up UDCs for Intrastat Reporting. Invoices with an attached International Payment Instruction (IPI). See Setting Up UDCs for International Payment Instructions (IPI). Companies. Affiliated Companies (74/AC) Code Number (74/30) See Setting Up UDCs for European Companies.
Import and export of goods	In addition to the standard setup for items, suppliers, and companies, to work with imported and exported goods in the European Union: Set up commodity codes to identify the products that are exported from or introduced to the country. See Setting Up Commodity Code and Statistical Information. Enter cross-reference for items and suppliers to track the country of origin of goods. See Entering Cross-References for Items and Suppliers.
Bank account information	Countries in Europe commonly use the International Bank Account Number (IBAN) for banking transactions. JD Edwards EnterpriseOne software supports the use of the IBAN. See Understanding International Bank Account Numbers. Bank ID and bank account validation routines exist for: Belgium Finland France Italy Spain See Understanding Bank ID and Bank Account Validation.
SEPA payment processing	In addition to country-specific payment formats, you can use a payment format for SEPA (Single European Payment Area). To set up and use the SEPA payment format: Set up UDCs for SEPA payments. See Setting Up UDCs for SEPA. Set up and verify bank accounts for SEPA payments. See Setting Up and Verifying Bank Accounts for SEPA Payments. Generate the XML file for SEPA payments. Review and purge the XML file for SEPA payments. Note: (Release 9.2 Update) The JD Edwards EnterpriseOne system supports the latest ISO 20022 Version 2019 payment message in addition to the existing Version 2009. You can activate any of the two versions as per your legislative requirements. By default, the latest version (v 2019) has been enabled. If you want to use the previous version (v 2009), you can deactivate the latest version and activate the previous one.
Invoice processing	In addition to standard invoice processing, you can print invoices with an attached IPI. To print these invoices and attachments: Set up UDCs for IPIs. See Setting Up UDCs for International Payment Instructions (IPI). Set processing options for the invoice print program. See Setting Processing Options for Invoice Print with International Payment Instruction (R03B5053). Print invoices with attached IPIs. See Printing Invoices with an Attached International Payment Instruction.
Intrastat reporting (setup)	To set up Intrastat reporting: Review the overview about European Union reporting. See Understanding European Union Reporting. Set up UDCs. See Setting Up UDCs for Intrastat Reporting. Set up next numbers for Intrastat reporting. See Setting Up Next Numbers for Intrastat Reporting. Set up commodity codes. See Setting Up Commodity Code and Statistical Information. Set up cross-references between suppliers and items to show the country of origin. See Entering Cross-References for Items and Suppliers. Set up the IDEP/IRIS interface for certain countries. See Setting Up Layouts for the IDEP/IRIS Interface. Set the processing options for the Intrastat workfile programs.
Intrastat reporting (using)	To print and purge Intrastat records: Populate the workfiles. Revise the workfiles as necessary. Use the IDEP/IRIS Interface program (R0018I3) to generate an electronic Intrastat declaration in the format required for each country. Purge records from the Intrastat table (F0018T).
Other EU reporting	In addition to Intrastat reporting, you can use other reports for EU reporting. See "Generating VAT Reports for Belgium" in the JD Edwards EnterpriseOne Applications Localizations for Belgium Implementation Guide. See "Printing VAT and Other EU Reports for the Czech Republic" in the JD Edwards EnterpriseOne Applications Localizations for the Czech Republic Implementation Guide. See "Printing VAT and Other EU Reports for Hungary" in the JD Edwards EnterpriseOne Applications Localizations for Hungary Implementation Guide. See "Processing VAT for Italy" in the JD Edwards EnterpriseOne Applications Localizations for Italy Implementation Guide. See "Printing VAT Reports for Poland" in the JD Edwards EnterpriseOne Applications Localizations for Poland Implementation Guide. See "Printing VAT Purchase and Sales Reports in Russia" in the JD Edwards EnterpriseOne Applications Localizations for Russia Implementation Guide. See "Processing the Model 340 VAT Report in Spain" in the JD Edwards EnterpriseOne Applications Localizations for Spain Implementation Guide. See "Processing the 347 Tax Declaration in Spain" in the JD Edwards EnterpriseOne Applications Localizations for Spain Implementation Guide. See "Processing the 349 Tax Declaration in Spain" in the JD Edwards EnterpriseOne Applications Localizations for Spain Implementation Guide. See "Using Additional Reports for Switzerland" in the JD Edwards EnterpriseOne Applications Localizations for Switzerland Implementation Guide.
Intracommunity VAT	See Understanding Intracommunity VAT. See "Validating Tax ID Numbers" in the JD Edwards EnterpriseOne Applications Tax Processing Implementation Guide.