Opera 3 Release 2.80.00

Version

2.80.00

Released

Nov20

Summary

Opera 3  has been updated to provide users with the ability to make VAT Return adjustments that are required as a result of new Postponed VAT Accounting (PVA) legislation coming into force from 1 January 2021.

In this release, system changes have been implemented to the .NET DLLs for Opera 3 client for MTD fraud prevention headers.

In addition, some general maintenance resolutions have been provided.

Postponed VAT Accounting

To accommodate this functionality, changes have been made to identify a VAT code with a Trans. Type of VAT Adjustment as one that will be used for PVA adjustments.

A new field is now available in Company Profiles to allow the Economic Operator Registration Identifier (EORI) number for the business to be stored.

Various VAT and EC VAT reports have been enhanced and now provide extended auditing in relation to PVA VAT adjustments.

MTD Anti-Fraud Headers

The anti-fraud headers used when submitting VAT Returns to HMRC through the MTD VAT Centre have been updated as required by HMRC guidelines.

Environmental Notes

Microsoft’s semi-annual update of Office 365 (2002) was used during the test cycle for this release.

General maintenance

This release also includes some general maintenance.

For a full list of corrected defects for this release please go to the Infor Support Portal - https://www.inforxtreme.com/allogin/allogin.aspx.