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European VAT 2010

During July 2009, Wartsila Finland's Corporate Tax department were informed that as of 01.01.2010, the place of supply (when determining and reporting VAT) for service related materials would no longer be where the work physically took place, but from the customers fixed place of establishment. This was refering to the EU Directive, (article 44) and was targeted at the Business to Business (B2B) scenarios. There were also notes relating to Business to Customer (B2C) where a distinction had to be made between the two scenarios. These details were provided via SAP note 1371729. However, the B2C section was not applicable, as Wartsila at the time did not supply to consumers.

Italian Bollo

When Italian businesses invoice their domestic customers an amount greater than 77.47, and no VAT is applied, they are required to apply an additional 1.81 to the final amount, (Bollo). This is a legal requirement and has been the law in Italy since 1863, (although the amounts differ on a yearly basis).

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Condition Exclusion

During the Drop Shipment scenario, (Intercompany Billing) it is the Product Companies (PC) that deliver the goods on behalf of the Network Company, (NC). As the NC is not aware of the amount to be invoiced by the freight forwarder (received by PC) when creating their sales order, these costs are applied directly to the F2 by the PC after the post goods issue takes place.

Cost price in Free of charge PO

When a payable purchase order is created from a normal (delivery related) sales order in SAP, the costs to the seller (sales organization) are determined from the vendor's invoice, (and must be equal) when applying the VPRS values on the sales invoice.

Minimum time for services

Client X invoice their services to customers via one of two different billing mechanisms, based on the contract between them.

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