The new reconciliation functionality in Denmark

Below you can see the changes that have been made.

Comparison of data from the EU Sales system with the VAT return

Such immediate control will focus on differences between the amounts entered in the VAT return and the amounts reported in the corresponding fields in the EU sales system. If the system detects any irregularities, you will be asked to verify the data (validate that the data entered is correct or correct the data).

The system will verify the data that was reported by other member states with those reported as intra-Community acquisitions of goods in Denmark.

What will be the benefits of the proposed changes?

In case of any discrepancies that you may have made by mistake, you will be able to react more quickly to the data entered and immediately correct the reporting data.

If you wish to correct an amount on the VAT return you have just prepared, you will just need to click on the Correct Report option at the bottom of the page.

As an additional new feature, at the top the submission confirmation you can see highlighted the amount you have to pay or reclaim.

We will be constantly monitoring all changes, so that our customers can prepare properly for the upcoming processes.

The official guidelines can be found here.