Define application of exchange rates in Intrastat reporting

Business value

By allowing businesses to define how exchange rates are applied in Intrastat reporting, this feature enhances control and consistency across financial and compliance processes. It supports harmonization with tax logic, reduces manual adjustments, and simplifies configuration for multinational operations. The global availability of the exchange rate type parameter eliminates localization gaps and ensures a more scalable and transparent reporting framework.

Feature details

The Intrastat - Exchange rate - Exchange rate type parameter is now globally available without country context restrictions. When multiple VAT registration numbers are enabled: - If an Exchange rate type parameter isn't specified, the standard algorithm is applied: it first recalculates from the transaction currency to the accounting currency, and then to the Intrastat currency using the default exchange rate. - If an Exchange rate type parameter is specified, Exchange rate type is used to calculate amounts for the Intrastat currency. When multiple VAT registration numbers are not used: - If an Exchange rate type parameter isn't specified, the Intrastat amounts are calculated using default exchange rate to the accounting currency. - If an Exchange rate type parameter is specified, Exchange rate type is used to calculate amounts in Intrastat to the accounting currency.