VATupdate

Share this post on

Logging Problems in Greece’s myDATA Application Cause Delays in Expense Characterization

  • The Chamber of Economy of Greece has identified problems in the operation of the myDATA application.
  • The problems are categorized into institutional, technical, and problems created by the operation of myDATA.
  • Institutional problems include issues with authorizations, accrual of expenses, cancellations of invoices, uploading of documents by funds, fines and sanctions, new releases, and non-profit persons.
  • Technical problems include liquidations and sales on behalf of third parties, self-delivery and self-invoicing, lack of analysis of customs broker’s invoice, inability to post documents during business interruption, DEKO accounts not taking a negative sign, and lack of visibility of the myDATA ledger.
  • Problems created by the operation of myDATA include issues with intra-community acquisitions and deliveries, bank expenses simplification, characterization of invoices with VAT and without VAT, and unmatched transport records in commercial programs.
  • The Chamber of Economy of Greece emphasizes that these problems need to be resolved in order to meet the deadline of October 31, 2023 for characterizing expenses.

Source: taxheaven.gr

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news

Advertisements:

  • AXWAY - VATupdate Banner
  • VATupdate.com