Accounts payable> Periodic> Purchase book> Parameters of VAT process

–or–

Accounts receivable> Periodic> Sales book> Parameters of VAT process

Use this form to set up default parameters for VAT processing.

Navigating the form

The following table provides descriptions for the controls in this form.

Fields

Field

Description

Oper.No.

The operation code for incoming VAT processing.

Note Note

This field is available only from the Accounts payable module.

Description

Enter a description of the transaction.

By default

Select this check box to determine the default operation for incoming VAT processing or for the selected operation code for outgoing VAT processing.

Note Note

If this check box is selected for an Oper. No. field, the ledger account for the tax claims voucher is specified from the tax code posting profile.

Ledger account

Select the account number for posting in the ledger.

Include in book

Select this check box to include the specified operation in the purchase book or sales book.

VAT operation code

Enter the operation code for outgoing VAT processing.

Note Note

This field is available only from the Accounts receivable module.

Operation type

Select the operation for outgoing VAT processing from the following options:

  • VAT restoration

  • VAT 0%

  • Unconfirmed VAT 0%

  • VAT 0% with correction

  • Unconfirmed VAT 0% with correction

  • Overdue confirmation

  • Unconfirmed VAT 0% cancellation

    Note Note

    This field is available only from the Accounts receivable module.

See Also