Statistical Value

Statistical Value is the value of goods crossing the free German border (all costs without value added tax). This is used when generating reports for European Union (EU) member states.

The Statistical Value field is located on each item line of a transaction. When you enter an EU customer or vendor on a transaction form for your Germany subsidiary, you need to enter the statistical value in full Euros in the Statistical Value field. The Intrastat Arrivals and Dispatches report for Germany declares the statistical value of goods in full Euros.

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General Notices