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:
|
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:
|
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:
|
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:
|
Invoice processing |
In addition to standard invoice processing, you can print invoices with an attached IPI. To print these invoices and attachments:
|
Intrastat reporting (setup) |
To set up Intrastat reporting:
|
Intrastat reporting (using) |
To print and purge Intrastat records:
|
Other EU reporting |
In addition to Intrastat reporting, you can use other reports for EU reporting. |
Intracommunity VAT |