General ledger> Periodic> Sales tax payment> Sales tax exchange adjustment

Use this form to calculate the correct VAT posting amount for foreign currency unrealized VAT transactions.

You must select the Unrealized sales taxcheck box in the General ledger parametersform to use this form.

Navigating the form

The following tables provide descriptions for the controls in this form.

Tab	Description
General tab	Enter information to calculate the correct VAT posting amount for foreign currency unrealized VAT transactions.
Batch	Enter information to run a batch for this form.

Field

Description

Settlement period

Select the settlement period that contains the VAT entries to be adjusted.

Date of settlement

Select the ending date for the period that the VAT settlement is based on.

Posting date

Enter a voucher posting date.

Sales tax code

Enter the sales tax code for your country/region.

Date of rate

If one government exchange rate is used for all calculations in the period, select a date for the exchange conversion.

Government exchange rate

Select this check box to use the government exchange rate for each VAT entry within the range.

Note
This field is available only if the Unrealized sales taxconfiguration key is selected.

Daily

Select this check box to use the government exchange rate for each date on which an adjustment is made.

Note
You must select either Date of rateor Daily, but not both. If both check boxes are selected, the Dailycheck box will override the Date of ratecheck box.