What Brexit Adjustments Should You Make in MKG?

Deal or no deal, on January 1, 2021, a new relationship between the EU and the United Kingdom will commence as a result of Brexit. Do you trade with the British? Check if MKG is properly configured for this after December 31.


 

Adjust the Country Code

In principle, only one adjustment is truly necessary. In the table Country Codes, the box EU country for Great Britain (GB) should be unchecked. The timing of when you make this adjustment is important if there are still purchase invoices to be recorded.

 

Still invoices to be recorded? Invoices for deliveries already made should be recorded first. Then preferably disable the 'EU country' property before purchase or sales invoices are recorded or created. Moreover, during invoicing or recording purchase invoices, you can manually change the VAT country type from EU country to NON EU country.



Landcode > Great Britain (GB)