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This report includes invoices for any supplier site that is a VAT member of the EU. A supplier site is a VAT member of the EU if the country for the supplier site address is a VAT member of the EU. You can designate whether a country is a VAT member of the EU in the Countries and Territories window.

This report lists the invoice amounts, sales tax amounts, and offset tax amounts for all the intra-EU invoices you specify. Payables sorts the report by supplier, supplier site, and VAT registration number. You can choose to also order the report by country. You can choose to submit the report in summary or detail.

If you are using multiple currencies, Payables displays invoice amounts and totals converted to your functional currency. If you enter a foreign currency invoice without an exchange rate, Payables displays 0 (zero) in the invoice amount and tax amount columns and does not include the invoice in the report total.

Suggestion: Submit AutoRate before submitting this report to ensure that all your foreign currency invoices have exchange rates. See: AutoRate Program.

Report Submission

Selected Report Parameters

• Yes. Order report output by country, supplier name, supplier site, and VAT number and subtotal invoice and tax amounts for each country. Insert a page break after each country and include the country name in the report header.

• No. Sort the report only by supplier name, supplier site, and VAT number.

• Yes. Summarize invoice information for each supplier, including the supplier name, number, site(s), and VAT number. Include totals for the invoice amount, sales tax amount, and offsetting tax amount for each supplier site.

• No. Print detailed invoice information for each supplier and sub-total for each unique VAT number for a supplier site.

Selected Report Headings

Country: [Country Name]. If you chose to order the report by country, Payables provides a page break after each country and includes the country name in the report header.

VAT Number. VAT registration number for each supplier site. Supplier sites for the same supplier may have different VAT registration numbers. You can enter a VAT registration number for a supplier site in the Tax region of the Supplier Sites window.

Supplier Site. Supplier site for the intra-EU invoices included in this report.

Invoice Number/Date. Number and invoice date. Payables only includes the number for an invoice in this report if you submit the report in detail.

Invoice Currency. You can enter and pay an invoice in a foreign currency, but the report provides invoice information only in your functional currency. Payables prints the currency for an invoice in this report only if you submit the report in detail.

Conversion Rate. If you enter an intra-EU invoice in a foreign currency, Payables prints the exchange rate used to convert the foreign currency into your functional currency. If you enter a foreign currency intra-EU invoice without an exchange rate, Payables displays 0 (zero) in the invoice amount and tax amount columns and does not include the invoice in the report total.

Payables prints the conversion rate for an invoice in this report only if you submit the report in detail.

Invoice Amount. If you submit this report in detail, Payables prints the invoice amount (in your functional currency) for an intra-EU invoice. If you submit this report in summary, Payables prints the invoice amount total for the intra-EU invoices for a supplier site.

Sales Tax Amount. If you submit this report in detail, Payables prints the sales tax amount (in your functional currency). If you submit this report in summary, Payables prints the sales tax amount total for the intra-EU invoices for a supplier site.

Offset Tax Amount. If you submit this report in detail, Payables prints the offset tax amount (in your functional currency). If you submit this report in summary, Payables prints the offset tax amount total for the intra-EU invoices for a supplier site.

Created By. If you submit this report in detail, Payables prints the userid of the person who created the intra-EU invoice.

See Also

Countries and Territories

Entering Taxes on Invoices

Setting Up Supplier Tax Information

VAT Reconciliation Report (Oracle Receivables Tax Manual)

Common Report Parameters

Common Report Headings