Italy local functionality

The following articles describe local functionality that is unique to the Italian version of [!INCLUDE[prod_short](../../includes/prod_short.md)].

Feature availability

• VAT & Withholding Tax

  • Italian VAT
  • Set Up Withholding Tax Available Now
  • Submit VAT Statements Available Now
  • Correct VAT Transactions Reports Available Now
  • Create Electronic VAT Transactions Reports Available Now
  • Export VAT Transactions Reports Available Now
  • Update VAT Transactions Data Available Now
  • Prepare for VAT Transactions Reports Available Now
  • Print and Reprint G/L Books and VAT Registers Available Now
  • Print Intrastat Reports for Italy Available Now
  • Print Withholding Reports Available Now
  • Intrastat for Services in Italy Available Now

• Banking & Payments

  • Set Up Payment Terms Available Now
  • Set Up Automatic Payments and Automatic Bills Available Now
  • Vendor Payments and Customer Bills Overview Available Now
  • Issue Vendor Payments and Customer Bills Available Now

• Core Finance

  • Close a Fiscal Year Available Now
  • Define Debit and Credit Amounts Available Now
  • Reversing Journal Entries Available Now

• Inventory

  • Set Up Initial Item Costs Available Now
  • Fiscal Inventory Valuation Available Now
  • Set Up Fiscal Inventory Valuation Available Now

• Fixed Assets

  • Italian Fixed Assets Available Now
  • Set Up Compressed Depreciation of Fixed Assets Available Now
  • Set Up Alternate Depreciation Methods Available Now
  • Create Multiple Fixed Asset Cards Available Now
  • Print Depreciation Book Reports Available Now

• General

  • Set Up Company Information Available Now
  • Italian Subcontracting Available Now
  • Set Up Journal Templates and Batches Available Now
  • Italian Electronic Invoicing Available Now
  • Vendors from Fiscally Denied Countries or Regions Available Now

Future legislation requirements being investigated

• Allow Calc and Post VAT Settlement to be posted by Activity Code Planned for July 2025
• Redesigned and upgraded non-deductible VAT Planned for 2026 release wave 1
• Updated electronic invoicing with new e-documents framework (SDI) Planned for 2026 release wave 2

If you're aware of any upcoming regulatory features, submit a Regulatory Feature Alert.

Related information

• Work with [!INCLUDE[prod_short](../../includes/prod_short.md)]
• Country/regional availability and supported languages

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