🔎 Why is this Required?

• 🏛️ Mandatory tax office requirement – You must provide NET product cost prices to the tax authorities.
• 📊 This data is used for monthly EC reports (cross-border B2B goods movement reports).
• 📑 The tax office compares this information with your filed VAT returns.

🛒 What is the NET Product Cost Price?

The NET cost price is the total amount you pay to purchase a product and deliver it to a warehouse, excluding import/customs VAT and duties.
✅ Formula: Supplier purchase price + shipping costs to warehouse (excluding import VAT/duty).

🛠️ How to Upload NET Product Cost Prices

Option 1: Manually Enter Prices

1️⃣ Log into your hellotax software account.
2️⃣ Go to 👉 Settings → Products.
3️⃣ Use the filter at the top:

• Select Status: "Active".
• Find ERROR and move the toggle to the right.
  4️⃣ Click Search to display all products missing NET prices.
  5️⃣ Click on a product’s name to open the details screen.
  6️⃣ Enter the NET cost price in the VALUE box.
• Choose the currency below.
  7️⃣ Click SAVE and repeat for the next product.

Option 2: Bulk Upload via CSV

1️⃣ Click the three dots (top-right of the Products page) and select Export Product List.
2️⃣ Open the downloaded CSV file.
3️⃣ In Column D, enter "Yes" to backdate NET product changes.
4️⃣ In Column F, enter the NET price for each product.
5️⃣ Save the file as a CSV and upload it back into your hellotax account.