VAT number check with M.SecureTrade

Automatic VAT number check directly in your SAP system.

Since 01.01.2010, the value added tax exemption for deliveries by EU-based companies to foreign EU countries requires verification of the recipient company’s VAT ID No. by the company supplying the goods/services. Using the wrong recipient VAT ID No. can result in a VAT payment obligation for the exporting company.

With M.SecureTrade, Mercoline has developed a solution for SAP user companies that checks the accuracy directly in the SAP system of VAT ID numbers, i.e. in invoices or in orders, against the lists of the German federal central tax office and/or the EU.

M.SecureTrade (VAT number check) features the following functions:

• Online check against the lists of the German federal central tax office (BZSt) and the EU’s VAT Information Exchange System (VIES)
• Manual check possible
• Inspection of the validity of the value added tax identification number (VAT ID No.) by means of simple check and qualified check (with recipient address data, only BZSt)
• Process evaluation in the storage and change of master data and transaction data (debtors, creditors, invoices and more upon request)
• Batch checks for existing master data
• Comprehensible depiction of inspection results
• Logbook filing of the confirmation from the German federal central tax office
• Warning logic, for example in relation to inspection of debtor/creditor master records
• Applicable for systems from SAP R/3 4.7 upwards, UNICODE-capable

Here’s an overview of your benefits:

• The SAP technologies basis means full integration into your SAP processes
• The accustomed SAP user interface allows you to start using the solution right away
• Automated checks reduce the workload on your employees
• Individual customizations possible
• You have the added possibility to check VAT ID numbers manually
• Secure logging of the checks you have conducted in your SAP system
• Quick implementation
• Can be combined with M.SecureTrade’s sanction list check