National Bank of Poland integration

NBP exchange rate

The issue of applying an appropriate exchange rate for VAT purposes is regulated in Article 31a (1) of the VAT Act. According to its content, if the amounts used to determine the tax base are determined in a foreign currency, the conversion into zlotys shall be made at the average exchange rate of a given foreign currency announced by the National Bank of Poland on the last business day preceding the day when the tax obligation arises.

The GO-NBP solution enables downloading the appropriate exchange rate from the National Bank of Poland.

PROFITS:

• Automatic conversion of currencies;
• Certainty of correct data;
• Saving time;
• The whole operation in the system.