Manage Intrastat Country Characteristics

Manage Intrastat Country Characteristics is a setup task in the Manufacturing and Supply Chain Materials Management offering. This task enables you to configure the Intrastat reporting characteristics that apply to a particular country within an economic zone, such as the European Union (EU).

Predefined country-level characteristics for several countries are available for your use. The characteristics are based on the current Intrastat guidelines for each member country, but you can modify these characteristics to comply with the latest regulations. You can also define Intrastat characteristics for any other country in the EU or for a new country that joins the EU community in the future. For a list of the currently predefined countries, see Managing Intrastat Country Characteristics: Explained.

This procedure shows you how to configure the attributes of an EU country. This is a step in setting up Intrastat Reporting.

1. In the Setup and Maintenance work area, go to the Manage Intrastat Country Characteristics task:

   • Offering: Manufacturing and Supply Chain Materials Management

   • Functional Area: Intrastat Reporting

   • Task: Manage Intrastat Country Characteristics

2. On the Manage Intrastat Country Characteristics page, do one of these steps:

   • If you want to modify a predefined EU country, click that country, and then select Edit to change the attributes for that country. Click Save and Close.

   • If you want to add a new EU country, select Create, enter the country and the attributes for that country based on the latest legislations, and then click Save and Close.

Some of the key country characteristics are provided in this table in alphabetic order. A section for the required arrival and dispatch attributes follows the table.

Country Characteristic	Description
Conversion Rate Type	Type of conversion rate between currencies for the same period. You can use different rate types for different business needs.
Intrastat Catalog	A group of items with common characteristics in the context of Intrastat transactions.
Reference Period	The date a movement transaction occurred, either the invoice date or the shipment date. Choices are: Invoice. The date the transaction is invoiced. Shipment. The date the transaction takes place. By default, the reference period is Shipment. Pending Invoice Days: The number of days wherein the invoice is anticipated to be issued. The default value is 15 days. The Intrastat record remains in Pending status until the invoice is issued. The Intrastat record changes to Open status and is ready for validation and reporting after the number of days entered. The transaction date is the day entered. Advance Invoice Days: The number of days prior to the shipment date wherein the advance invoice is anticipated to be issued. The default value is 30 days. Because tax regulations can differ among the EU countries, the interpretation of the reference period isn't consistent and varies throughout the EU. For example, France, Denmark, and the UK have different rules for assigning the reference period.
Required Attributes	A required set of attributes for arrivals and dispatches that you must report in the Intrastat report for an individual country. For detailed information, see the Required Attributes section later in this topic.
Triangulation Method	A method for specifying how triangular trade transactions will be analyzed for the generation of Intrastat reports of an individual country. Choices are: Invoice. A triangulation trade transaction is reported in the Intrastat report based on the issue of an invoice. A record is created based on the invoice rather than the physical movement of goods. Shipment. A triangulation trade transaction is reported in the Intrastat report based on the physical movement of goods. A record is created based on the physical movement of goods rather than the invoice. If you anticipate transactions between three trading partners in three countries, and at least two of these three partners are within the same economic zone, then you must specify the triangulation method. You can also specify who declares the transaction when the seller is the same country as the shipper and the customer to avoid duplication of records in the Intrastat report. For scenarios for using triangulation, see the using triangulation method examples topic.
UOM	The unit of measure for the reporting weight.

Required Attributes

The Intrastat authority of an individual country requires that a specific set of attributes be included in the Intrastat report for both arrival and dispatch of materials.

Before selecting the required attributes, consider these questions:

• What is the required set of attributes for the individual country for arrival of materials?

• What is the required set of attributes for the individual country for dispatch of materials?

The available attributes for arrival and dispatch of materials are provided in this table. All descriptions are applicable to both arrival and dispatch unless otherwise noted.

Required Attribute	Description
Commodity description	A description of the commodities arriving in the country.
Freight terms	Freight terms or Incoterms applicable for the transaction.
Mode of transport	Mode of transport for each transaction.
Region of destination	Details of the region within the destination or receiving country where the goods will be consumed. This attribute is applicable only to arrivals.
Country of origin	Details of the dispatch country from where the goods originated.
Region of origin	The details of the region within the dispatching country from where the goods are dispatched. This attribute is applicable only to dispatches.
Nature of transaction code	Details of the transaction. Nature of transaction code is published by an individual country's Intrastat authority and can vary based on country.
Fiscal regime	The fiscal regime details for the transaction. This attribute is often provided in addition to the nature of transaction code.
Statistical procedure	The statistical procedure code details for the transaction. This attribute is often provided in addition to the nature of transaction code. You can provide either the fiscal regime attribute or the statistical procedure attribute.
Net mass	The net mass is the quantity of items multiplied by the unit weight of the item.
Invoice amount	The actual invoice amount created for the transaction.