Online VAT Reporting for Spain

Companies in Spain with an annual turnover of above 6 million Euros, can use the following feature to report VAT information to the Spanish tax authorities:

• Online VAT Reporting for Spain: electronically delivers VAT registers to the Spanish tax authorities.

• Online VAT Register Reporting Confirmation for Spain: reflects the acceptance status on the financial documents that are reported to the tax authorities.

You can also correct and resubmit the financial documents.

The following figure demonstrates the Online VAT Reporting process flow:

Online VAT Reporting for Spain lets you perform the following tasks:

• Specify mandatory reporting information that are specific to VAT reporting for Spain with additional regional fields.

• Create an XML file in a predefined format for reporting transactions.

• Update the transaction reporting status based on the confirmation message received from the Spanish tax authorities.

The following table explicates the various processes associated with the Online VAT Reporting for Spain feature:

Process	Description
Online VAT Register Reporting for Spain	Creates XML files for the following registers: Issued invoices Received invoices Selected Intra-EU transactions Payments Receipt collections
Online VAT Register Reporting Confirmation for Spain	Updates transactions with the response message details
Annual Online VAT Reporting for Spain	Creates XML files for the Cash Collection register.
Annual Online VAT Response for Spain	Updates customer accounts and sites that were reported to the tax authority with the corresponding confirmation information.
Annual Online VAT Investment Goods Register Reporting for Spain	Creates XML files for the Investment Goods register.