Exact Globe supports the feature for the Immediate Submission of VAT Information in Spain, also known as Suministro Inmediato de Información (SII). Introduced in July 2017, the SII basically involves electronically transmitting billing records from VAT books, providing quality information to the tax authority within a short time frame. For more information, please see release note 27.730.703.
As of 1 July 2018, the Spanish tax authority will be introducing Version 1.1 of the SII. In line with this, we shall support the following:
|Identification of third party invoices (Factura Emitida Por Terceros) or additional third party provisions (Facturación Disp. Adicional tercera y sexta RD 1619/2012 y del Mercado Organizado del Gas)||Sales|
|Identification of Customs – Complementary settlement
(Aduanas – Liquidación Complementaria)
|Identification of direct debit payment method
|Additional field for defining external reference
|Identification of invoices with amount ≥ EUR 100 million
(Facturas con importe igual o superior a 100 millones de Euros)
In addition, several technical elements supporting the various online submissions have been enhanced to cater for more accurate information reporting.
The solution in Exact Globe shall be made available for customers via a service pack for product update 415 by the end of June 2018 and 416 in the beginning of July 2018.