My Oracle Support Banner

Spain Modelo reporting documentation update note, Release 11i (Doc ID 1288794.1)

Last updated on AUGUST 06, 2020

Applies to:

Oracle Financials for EMEA - Version 11.5 to 11.5.10.2 [Release 11.5]
Information in this document applies to any platform.

Purpose

This documentation update note applies to Oracle Financials for Spain, Release 11i (Release 11.5.10) and includes information about the Spanish Modelo Reports:

Spanish Authorities have implemented changes to the modelo reporting affecting current Modelo 347 and Modelo 415 Declarations and they introduced the Modelo 340 Declaration file.

Modelo 347 has traditionally been applicable to all companies that have a payables or receivables turnover with any given party over 3.005,06 euros. Since December 30, 2008, rules for presenting this electronic file have been changed and are not applicable to our entire installed base, as previously. As specified on the publication of the law in the Official State Bulletin, on December 30, only companies that meet one of the following conditions must deliver this electronic file:

The Domestic Turnover Declaration, also known as Modelo 415, is applicable to customers operating in the Canary Islands and subject to the Canary Islands Tax Regime, known as IGIC. There have been changes to the file layout and Travel Agencies are required to identify their transactions separately.

The Modelo 340 Declaration file is a periodic reporting file that displays information from several sources: Invoices that have been Issued, Invoices that have been Received, Transactions pertaining to investment goods, and Inter EU transactions. This file is applicable to all entities in Spain. Those companies performing the monthly VAT reporting in order to collect their VAT return on a monthly basis (instead of the traditional yearly mode) shall be required to deliver this report to the Tax Authorities by February 20 (deadline for delivering January’s tax return.)

Scope

Intended Audience:

Details

To view full details, sign in with your My Oracle Support account.

Don't have a My Oracle Support account? Click to get started!


In this Document
Purpose
Scope
Details
 Patch Information
 Spanish Modelo Reports
 Summary of Changes
 Modelo 415
 Modelo 340
 Modelo 340 Invoice Type
 Modelo 340 Book Type
 Modelo 340 Transaction Code
 Modelo 347
 Property Rentals Extended Address Information
 Transaction Code
 Transmission of Property
 Cash Receipts
 Spanish Canary Islands Annual Operations Magnetic Format (Modelo 415)
 Enter the Transaction Code (new)
 Transaction Code
 Other Attributes
 Generate the Format
 Year
 Presenter VAT Number
 Presenter Name
 Voucher Number
 Spanish Operations with Third Parties Magnetic Format (Modelo 347)
 Prerequisites
 Define Additional Location Information for Your Property Rentals
 Building (in the Location window)
 Number Type
 Number Qualifier
 Portal
 Complementary Address Information
 Enter Transactions and Invoices Additional Information
 Property Location
 Transaction Code
 Transmission of Property Subject to VAT
 Other Attributes
 Enter Cash Receipts (New)
 Generate the Format
 Minimum Cash Received Amount:
 Declaration of Issued Invoices, Received Invoices, Investment Goods and Certain Inter EU Transactions (Modelo 340)
 Prerequisites
 Enter Transactions and Invoices Additional Information
 Modelo 340
 Modelo 340 Book Type
 Modelo 340 Transaction Code
 Transaction Deadline
 Transaction Date
 Intra-Community Transaction
 Defaulting Summary Table (Invoice Type by Modelo 340 Information Fields)
 Generate the Format
 Reporting Level
 Reporting Context
 Tax Calendar Year
 Period
 Reporting Level
 Reporting Context
 Tax Calendar Year
 Serial Number
 Contact Telephone Number
 Contact Name
 Medium
 Electronic Code
 Declaration Type
 Change Record
References

My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.