Once authorised, the taxable person can proceed to transmit or receive messages
by electronic means. The existing provisions of VAT law as regards issue, retention
and storage of records apply to electronic records in the same way as they apply to
paper records.

a) A batch (Tax) control record that contains all the detail as defined in the Statement
of Practice- Electronic Invoicing document.

b) A summary document produced at the end of each month by both issuer and recipient
containing all the details as defined in the Statement of Practice-Electronic Invoicing
document.

c) In the case of an authorised recipient, a document produced by him and issued to
a trading partner giving details of any discrepancy between the batch (TAX) control
document issued by the sender and that constructed by the recipient.

d) In all cases a transmission log - i.e. a record of transmission sequence numbers
between each trading partner.

Required action for EDI tradefast user

In addition to the required action outlined above there is an additional requirement
on users to produce a Monthly TAX control statement. This facility on the eircom net EDI
tradefast service is designed to provide the users with a two week time frame following
the end of each month to print this information.

If the user does not print this report during this time frame the information is lost and
cannot be recovered from the system.

Subsequently this Monthly TAX control statement should be stored by the user in a way
that complies with the Regulation.