Generating a VAT Return Report

You can use Value Added Tax Return Report (TX120) to produce a report of tax transactions to declare on a VAT Return form.

You must first create a VAT Return Report definition file using Tax Report Maintenance for Value Added Tax (TX06.1). For each VAT report line listed on TX06.1, TX120 analyzes the tax transactions for the specified period to ensure they match the tax code or tax usage code to use for that line. It then totals the information to report on that line.

This procedure gives instructions for generating a VAT Return Report.

Generate a VAT Return Report