Creating a VAT Return Report definition file

Each European Community country has specific requirements for its VAT Return form. Therefore, you must specify the type of information that is contained on each line of your VAT Return Report. This procedure gives instructions to create a VAT Return Report definition file.

Create a VAT Return Report definition file

  1. Access Tax Report Maintenance for Value Added Tax (TX06.1).
  2. For each VAT line (identified by its box number), specify whether to use a tax code, a tax usage code, or sum to compute the amounts for the line.

    • To use a tax usage code (U), select a source of Input Accounts Payable (I), leave the Goods or Services and Vat Type fields blank. Click the Codes button to access Codes for Report Line (TX06.2) and add or select the applicable tax usage code. (An asterisk displays if codes already exist.)

    • To use a tax code (T), select the appropriate field data. The Goods or Services, and Vat Type fields determine the default tax codes to use. More than one tax code can match the Goods or Services - VAT Type combination. To override the default tax codes, click the Codes button to access Codes for Report Line (TX06.2) and add or select the tax codes you want to use for this line.

      If you use TX06.2, the application will ignore the Goods or Services, and Vat Type fields on TX06.1, but you must assign the appropriate tax code for the remaining fields.

    • To use a sum (S), select a tax usage of Sum. Click the Sum button to access Value Added Tax Box Summary Line (TX06.4). Use this form to combine the value of multiple predefined VAT boxes onto a single VAT box number. In the Effect field, specify whether the box number's value is to be added or subtracted from the box number total when you run Value Added Tax Return Report (TX120).

  3. Optional. For each VAT line, select whether its status is Active or Inactive.
  4. On TX06.1, click the Sales List button to access European Community Sales List Tax Codes (TX06.3) and select the tax codes to use in the European Community Sales List Report.

    The tax codes you assign must be for accounts receivable (output source) intra-EEC transactions.