Verification of VAT active taxpayers

Today Xelto announced the availability of extension for Oracle JD Edwards – VAT Id Validator. The new functionality enables verification of VAT taxpayers status. Verification applies to Polish and European counterparties. The solution may be used in every version of Enterprise One, that is in JD Edwards versions since around 1999. VAT Id Validator enables complex verification of NIP/VAT Id counterparties, thanks to which transactions with counterparties without the appropriate status can be avoided. Verification may be implemented directly from Oracle JD Edwards on many levels:
• counterparties in the Address Book
• entered purchase and sales orders
• transactions entered in Accounts Payable and Receivable
• SAF-T elements for structure 4

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