| VAT book transaction typesThis functionality is specific for Italy. Transaction types To transaction types that you link to a VAT book, the
following rules apply: You can link a VAT book of the Purchase type to transaction types of the following
categories: - Purchase Invoices
- Purchase Credit Notes
- Purchase Corrections
- Journal Vouchers
You can link a VAT book of the Sales type to transaction types of the following categories: - Sales Credit Notes
- Sales Invoices
- Sales Corrections
- Journal Vouchers
You can only link Journal Vouchers to a VAT book if the journal vouchers are processed in
sessions of the General Ledger module. In this way, you can include documents in the VAT book that
are not related to an open entry in the Accounts Payable module.
These documents can be considered as invoices without payment liability, for
example, fiscal documents for fuel purchases. You must not link a VAT book to a transaction type that is
used as a destination transaction type in intercompany relations. - You can link a VAT book to a transaction type for which
transactions already exist. However, if non-finalized or finalized transactions
exist for the transaction type to which you linked a VAT book, you cannot
change or remove the VAT book from the transaction type.
- If you link a VAT book to a transaction type, you must define
separate transaction type series for each tax year. For each tax year, you can
only define a single series. Note that the tax year does not become part of the
document number.
- The documents must be generated in a fixed sequence and no gaps
are permitted in the document numbering.
- For each tax year and series combination, LN stores the transaction entry date of the last used document. The
next document must have a later transaction date.
In a multicompany structure, you can print the consolidated
VAT book for the group company. The report contains the VAT book data of all
companies in the group, sorted by transaction type. If the same transaction
type series are used in several companies, duplicate document numbers occur,
and the ordering by transaction type / date is incorrect. For this reason, if
you want to consolidate the VAT book data for the financial company group, do
not use the same transaction type series in the individual
companies.
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