New VAT Verification Button in Debtors and Creditors


The new VAT Verification button allows you to check the VAT number of the debtor or creditor. After verification, various results are possible:

  1. With a correct VAT number, the company name, address, verification date, and status 'Correctly Verified' are displayed.
  2. With an incorrect VAT number, the verification date and status 'Incorrectly Verified' are displayed.
  3. With an empty VAT number, the status 'Not Verified' is displayed.

The verification is conducted through the VAT Information Exchange System (VIES) of the European Commission [opens in new window]. VIES only provides the capability to verify the VAT number of member states within the EU.