Validate VAT Numbers 05 Sunday May 2019 Posted by Ludwig Reinhard in Accounts Payable, Accounts Receivable ≈ 4 Comments TagsEU, HTTP, MS Flow, purchases, sales, Tax, tax-free, Validate VAT numbers Share this:TwitterFacebookLike this:Like Loading... Related
Pingback: Validate VAT Numbes - Finance and Operations Community
Hi Ludwig, check the title of your post I think it’s more numbers than numbes 🙂
Veronika Filonenko said:
This is amazing, I am actually in the middle of negotiating to buy an APP that does this validation from BE-TERNA that is doing exactly what you have described.
What i’m negotiating is the same suggestion you gave, the ability to not validate all customers, but only the ones that have open orders. (thats what my client has developed internally) Your idea to filter on sales tax group is good too. And also, the ability to connect some how the failed results with open orders and block them prior to invoicing.
My question to you when you mention to add a power app and run it prior to invoicing it, you suggest to manually run it for each order correct?
Ludwig Reinhard said:
Hi Veronika, there is no cristal clear legal regulation for this. You basically have to make sure that VAT numbers are correct. In my opinion a check at the time a customer or vendor is setup and probably each half year for all vendors should be sufficient. Good to hear that you can possibly save some money from this 😊