Product Update 403: Belcotax reporting functionality enhanced (Belgian legislation)

Belcotax reporting is an XML-based reporting system consisting of three fiscal fiches. An enhancement has been made to Belcotax due to the requirement for legal compliance beginning 1 January 2012, the minimum declaration amount for entries in year 2012 for fiches 281.71 will be increased from 30 Euro to 40 Euro in Belgium.

The Belcotax XML report with debtor details and text file can only be generated if the declaration total amount per debtor is equal or above 40 Euro.