NCOSS One-Stop-Shop Setup

2023/01/04 • 3 min. to read

In this topic

Gen. Business Posting Groups
VAT Business Posting Groups
Fields, VAT Business Posting Groups
General Posting Setup
VAT Posting Setup

The following section explains the setup steps necessary to use the NCOSS One-Stop-Shop extension.

Gen. Business Posting Groups

In order for the sales to be properly recorded in Business Central with the appropriate tax rates, you will need a Gen. Business Posting Group and a VAT Posting Group for each EU country in which you make these sales.

VAT Business Posting Groups

Requirement for the upload of the EU-OSS sales is the creation of a VAT Business Posting Group per EU country in which you make the sales. In addition, a VAT Business Posting Group must be created for each subsidiary, which is managed under its own VAT Registration No. For more information, see Which sales can Austrian businesses and other EU businesses declare via the EU-OSS?

Business Central automatically adds the VAT Business Posting Group when you assign the Business Posting Group to a Customer or G/L Account.

Fields, VAT Business Posting Groups
For NCOSS One-Stop-Shop, the following fields have been added to the page VAT Business Posting Groups.
NCOSS VAT Reg. No. Subsidiary	This field only needs to be filled if there are sales made from a different VAT registration number than the VAT registration number of the company. For these a separate VAT Business Posting Group must be created for this subsidiary. The VAT registration number of the subsidiary has to be entered in the field. This allows to report sales of branches also with their own VAT registration number. Note If there are no such branches, leave the NCOSS VAT Reg. No. Subsidiary field empty.
NCOSS Country/Region Code	Specifies the ISO Country Code for which the EU One-Stop-Shop Statement is to be made. Important The 2 digits ISO EU country code must be entered here. If you select the country from the Countries/Regions table, the stored value from the EU Country/Region Code field is automatically inserted. These values must be specified to use NCOSS.

General Posting Setup

When a Business Posting Group has been created, you must create the required combinations of the new business posting group and product posting groups on the Gen. Posting Setup page.

This configuration is only necessary for sales, so the purchase accounts can remain empty.

Note

If the purchase accounts are not set up for these combinations no false posting can happen in this respect.

VAT Posting Setup

This configuration concerns the VAT Posting Setup, here you also need to configure the VAT Business Posting Group with the required VAT Prod. Posting Groups to set up.