Generating the VAT Declaration Report
This chapter discusses how to:
Generate the Hungarian VAT declaration report.
Generate the Hungarian VAT report.
Generate the Hungarian EU reports.
Generating the VAT Declaration Report
This section provides an overview of how to populate the Hungarian VAT table, lists prerequisites, and discusses how to:
Run the VAT Table Build program.
Set processing options for VAT Table Build (R74H1002).
Run the Hungarian VAT Declaration program.
Set processing options for Hungarian VAT Declaration (R74H1003).
Understanding How to Populate the Hungarian VAT Table
Companies in Hungary are entitled to reclaim value-added tax (VAT) for paid invoices in certain circumstances. You include in the VAT recoverable report only those vouchers that are paid in the reporting period. You run the VAT Table Build program to identify the paid vouchers and populate the VAT Declaration Detail table (F74H1004). After you populate the F74H1004 table, you run the Hungarian VAT Declaration program (R74H1003) to generate the VAT report that you use to reclaim VAT.
Requirements
Before you complete the tasks in this section:
Verify that a next numbering scheme for the VAT table build ID is set up in the first row of system 74H (Hungary) and that a next numbering scheme for the VAT declaration ID number is set up in the second row of system 74H.
Verify that tax rate summaries are set up in the Tax Rate Summary program (P74H1007).
Verify that payments that you want to exclude from processing are assigned the value from the Special Handling Code-A/P Pymt (00/HC) user-defined code (UDC) table that you specify in the Payment Handling Code processing option.
Running the VAT Table Build Program
Select Tax Reports (G74H00), VAT Table Build.
Setting Processing Options for VAT Table Build (R74H1002)
Processing options enable you to set default processing values.
Settings
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From Date |
Enter the beginning of a range of dates that the system uses to select records to process. |
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Thru Date |
Enter the end of a range of dates that the system uses to select records to process. |
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Proof (0) / Final (1) Mode: |
Enter 1 to run the VAT table build process in final mode. In final mode, the system creates entries in the F74H1004 table for each selected voucher that is paid in full, and creates a header record in the VAT Table Build Header table (F74H1002). You do not use data selection when running this process in final mode. When you leave this processing option blank to run the process in proof mode, the system does not update the tables. |
|
Title Text |
Enter the text that the system prints as the report title. You can enter up to 30 characters. |
|
Payment Date (-to): |
Specify a payment date through which you want to process payments. For example, to process payments consisting of vouchers with payment dates through March 15, 2007, enter 03/15/07. The system verifies that the payments were made on or before March 15, 2007. Note. If you leave the Payment Date (-to) processing option blank and the voucher is not assigned the code that is entered in the Payment Handling Code processing option, the system does not process the voucher. |
Options
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Pay Status |
Enter 1 to specify that the system uses the value in the Vendor Invoice Numbers (VINV) field to determine whether all invoices with that number are paid. When you enter 1, the system includes for processing only those vouchers for which all invoices are paid. Leave this processing option blank to use the document number to select records to process. |
|
Exclude Documents |
Enter 1 to exclude from processing the documents that have the special handling code specified in the Payment Handling Code processing option. |
|
Payment Handling Code |
Enter a value that exists in the Special Handling Code-A/P Pymt (00/HC) to exclude documents that have the special handling code assigned. |
Running the Hungarian VAT Declaration Program
Select Tax Reports (G74H00), Hungarian VAT Declaration.
Setting Processing Options for Hungarian VAT Declaration (R74H1003)
Processing options enable you to set default processing values.
Settings
|
Proof (0) / Final (1) Mode: |
Enter 1 to run the report in final mode. In final mode, the system updates the VAT Declaration Status from CRE (created) to DEC (declared) in the F74H1003 and F74H1004 tables, assigns the next number as set up in the second row of the system 74H next numbers as the VAT declaration ID number, and prints a report. |
|
Title Text: |
Enter the text that the system prints as the report title. You can enter up to 30 characters. |
|
Hungarian VAT Decl Status |
Enter a value that exists in the VAT Reclamation Status (74H/VS) UDC table. The system selects nonprocessed records when you enter CRE, and selects processed records when you enter DEC. If you enter DEC, the system runs the report in proof mode and does not update tables. |
Generating the Hungarian VAT Report
This section provides an overview of the Hungarian value-added tax (VAT) report and discusses how to:
Run the Hungarian VAT Report program.
Set processing options for Hungarian VAT Report (R74H1007).
Understanding the Hungarian VAT Report
If you are a VAT registered entity, you must submit a monthly VAT report to the tax authorities. The VAT report includes the taxable amount and the tax amount according to the tax rates and nature of the transactions. The report that is generated by the Hungarian VAT Report program (R74H1007) lists VAT taxes grouped by the VAT summary code. You set up the VAT summary code for your transaction in the Tax Rate Summary Setup program (P74H1007). Use data selection to specify the tax summary codes to include in the report.
Running the Hungarian VAT Report Program
Select Tax Reports (G74H00), Hungarian VAT Report.
Setting Processing Options for Hungarian VAT Report (R74H1007)
Processing options enable you to specify default processing values.
Data
|
Date - Service/Tax - From |
Enter the beginning of the range of services tax dates from which the system selects transactions. |
|
Date - Service/Tax - To |
Enter the end of the range of service tax dates from which the system selects transactions. |
|
Address Number of National Bank |
Enter the address book number of the National Bank. The report uses the address book number to retrieve the current conversion rate for the National Bank during the currency conversion process. |
Options
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Level of Detail Option |
Specify the level of detail of the report. Values are: 1: Invoice/Voucher level 2: Tax Rate/Area Group level 3: Tax Summary Code level |
|
Print Option |
Specify whether the system selects all vouchers for processing. Values are: 1: Print records for all vouchers. 2: Print only records for vouchers with reclaimable VAT. 3: Exclude records for vouchers with reclaimable VAT. |
Generating the Hungarian EU Reports
This section provides an overview of the Hungarian European Union (EU) reports and discusses how to:
Run the Hungarian EU Sales Report program.
Set processing options for Hungarian EU Sales Report (R74H1051).
Run the Hungarian EU Transaction Summary Report program.
Set processing options for Hungarian EU Transaction Summary Report (R74H1052).
Understanding Hungarian EU Reports
In Hungary, VAT registered entities must submit monthly VAT returns to tax authorities that summarize the taxable and tax amounts according to the tax rates and nature of the transaction. JD Edwards EnterpriseOne software for Hungary provides two EU sales reports. The Hungarian EU Sales Report program reports on records in the Customer Ledger table (F03B11). The EU Transaction Summary Report program reports on records in the Taxes Table (F0018). These reports list the sales transactions in a detailed or summarized mode.
Running the Hungarian EU Sales Report Program
Select Tax Reports (G74H00), Hungarian EU Sales Report.
Setting Processing Options for Hungarian EU Sales Report (R74H1051)
Processing options enable you to specify default processing values.
Select
|
1. Date From |
Enter the beginning of a range of dates that the system uses to select records to process. |
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2. Date To |
Enter the end of a range of dates that the system uses to select records to process. |
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3. Select Date: |
Specify the date type that the system uses when selecting records to process. Values are: 1: GL date 2: Tax service date 3: Invoice date |
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4. Company |
Enter the company number for which you process records. |
Process
|
1. Print detail: |
Enter 1 to print a detailed report. Leave this processing option blank to print a summarized report. |
Running the Hungarian EU Transaction Summary Report Program
Select Tax Reports (G74H00), Hungarian EU Transaction Summary Report.
Setting Processing Options for Hungarian EU Transaction Summary Report (R74H1052)
Processing options enable you to specify default processing values.
Select
|
1. Date From |
Enter the beginning of a range of dates that the system uses to select records to process. |
|
2. Date To |
Enter the end of a range of dates that the system uses to select records to process. |
|
3. Select Date: |
Specify the date type that the system uses when selecting records to process. Values are: 1: GL date 2: Tax service date |
Process
|
Company |
Enter the company number for which you process records. |
|
Print detail: |
Enter 1 to print a detailed report. Leave this processing option blank to print a summarized report. |