The automation of the fiscal representation administration is one of the core systems of Stream Software. Representatives bear a large financial responsibility for duties and taxes.
The software supports the BFV (Limited Fiscal Representation) and the AFV (General Fiscal Representation). In both cases a crystal clear administration is required, proving the delivered of the material in the member state of destination.
In order to limit human intervention Stream Software has set up an automated system that takes over the data from the start source, the declaration, and ends with the accounting declaration for VAT, ICP and Intrastat.
The automated fiscal administration is managed on basis of parameters and incudes the E.U. import and export flows.