Finland

Path: Business functionality > Local functionality > Finland · tier official · system localization · narrative reviewed (checked by Opus)

Overview

This section covers features added to Business Central for Finnish requirements. The landing page gives a short list of what is included: Intrastat reports, VAT information on invoices, the VAT-VIES declaration, electronic banking, bank reference files, payment file generation, SEPA credit transfers and automatic account posting groups.

The detail is split into three subtopics. VAT covers Intrastat printing, VAT information on sales invoices and the VAT-VIES declaration. Banking and payments covers LM03 and LUM2 electronic banking, bank reference file setup, vendor payment files, SEPA credit transfer export and disregarding payment discounts. Core finance covers automatic account codes, automatic account posting group setup and posting of depreciation differences.

Start with the landing page to see the scope, then go to the subtopic that matches your task: VAT for reporting, Banking and payments for domestic and foreign payments, Core finance for posting setup and depreciation.

Key points

• VAT: print Intrastat reports, show VAT information on sales invoices, and prepare the VAT-VIES declaration.
• Electronic banking uses the LM03 and LUM2 formats.
• Bank reference files have their own setup.
• Payment files can be generated for vendors, for domestic and foreign payments.
• SEPA credit transfer export is supported.
• Payment discounts can be disregarded.
• Core finance includes automatic account codes and automatic account posting group setup.
• Depreciation differences can be posted to the general ledger, as Finnish tax law requires.

Subtopics

• VAT (3 pages)
• Banking & payments (5 pages)
• Core finance (3 pages)

More Learn pages

• Finland Local Functionality: The following articles describe the various local functionality in the Finnish version of Business Central.

Business Central pages and reports

The pages, reports and queries this hub’s Learn pages name (ms.search.form, API reference), joined to the code by exact object id (data/index/docs-objects.json); a page shows the table it runs on.

Learn also names 8 objects with no object page: page/11207, page/11208, page/32000000, page/32000001, page/32000002, page/32000004, page/32000005, page/32000006.

Source: Microsoft Learn (CC BY 4.0). Descriptions are Learn’s own.