Question

Can you enable FEC for an Italian localization company?

  • 2 August 2022
  • 0 replies
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Userlevel 5
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We are licensed with the GET module. In the French country localization, there is the FEC report 
The Auditors want this report for our Italian CO in IFS Apps 10 UPD 8 but FEC is not an option. How can this be enabled?

 

What is FEC format?
The FEC allows the auditor to carry out consistency checks between accounting documents and tax declarations. Moreover, the computer format allows a significant time saving for the tax administration. The latter can thus perform remote verifications, which reduces his time of presence within the company.


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