This chapter contains the following topics:
On 22 October 2016, the Italian Government issued a law decree that introduced the following changes:
The payable and receivable invoice information must be submitted to the Revenue Agency electronically.
The legal requirements for Customer and Supplier Listing Declaration ('Spesometro'), Black List Declaration for the transactions with blacklisted countries, and the Republic of San Marino Purchases Declaration are obsolete.
The new law is applicable from 1 January 2017. The electronic transmission must be done for each quarter with an exception for the year 2017. The date for submitting the electronic transmission for the year 2017 is mentioned below:
For the period January - June, the file must be submitted by 16 September 2017.
For the period July - December, the file must be submitted by 28 February 2018.
You must generate reports for Accounts Payables and Accounts Receivables separately and submit them to the Revenue Agency in a predefined XML format.
See Italy-Electronic Invoice Listing - XML Map (Doc ID 2305383.1).
The Revenue Agency verifies the audit reports and sends the verification result and the File Transmission Identification number, which certifies the invoices. You must save the File Transmission Identification number.
Before you complete the task in this section, you must set up third-party status, set up the exemption nature for Tax Rate Area, and map the Italy Legal Document Types.
You must set up the status for all third parties that are included in the report.
Search for the address number of the third party in the Work With Addresses (P01012) program.
Select the address number and click Regional Info from the Row menu.
On the Additional Information tab, click the selector icon for the Fiscal Group Code field.
Select the Resident or the Non-Resident option and click OK.
You must set the nature of exemption for all transactions that are included in the Italy Electronic Listing (R74Y063) report and have E or V as the Tax Explanation Code.
See, Section 3.4.5.2, "Transaction Nature (74Y/NA)" for more information.
Map the legal document types for Italy with the Legal Document Type for Electronic Invoice (P74Y0003) in JD Edwards.
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Note: For TD10 and TD11 legal document types, the intra-EU setup must also be available.Additional information is provided in the JD Edwards EnterpriseOne Applications Localizations for European Reporting and SEPA Processing Implementation Guide. |
See, Section 8.3, "Setting Up Legal Documents for Italy" for more information.
You must set up the next number for the Italy Electronic Listing (R74Y063) report from the Work With Next Number (P0002) program for the 74Y system code to generate the progressive transmission number. You must set the next number in the fourth row of the program.
It is recommended to reset the next number at the start of the fiscal year.
Use the Italy Receivables Payables Electronic Listing (R74Y063) report to print all the XML fields required in the Payables, Receivables, or Cancellation transaction types.
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Note: To print the electronic listing report in XML format in the Final mode, you set processing options for version XJDE0001. To print the electronic listing report in XML format in Proof mode, you set processing options for version XJDE0002. To print in PDF, Excel, or RTF format in Proof mode, you set processing options for version XJDE0003. |
Before you generate the Italy Receivables Payables Electronic Listing report, you set the processing options:
Default
Enter the Company ID of the Company sending the Declaration.
Declaration Date from
Enter the Declaration Date from value to specify the General Ledger (G/L) start period for which you want to generate the report.
Declaration Date to
Enter the Declaration Date to value to specify the General Ledger (G/L) end period for which you want to generate the report.
Enter the Communication Transaction Type
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Note: It is mandatory to provide values for the Company ID and Declaration Dates for the Receivables and the Payables transaction type. |
Processing Mode
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Note: The data is not updated in the application and the progressive transmission number is not generated when you run the report in the proof mode. |
File Identification from Tax Authority
Enter the File Identification number provided by the Tax Authority for the electronic listing. You must provide the value only when you generate the report for the Cancellation transaction type.
Exclude Receivables Domestic Transactions
Use this field to exclude domestic receivables transactions when you generate the report.
From the Italian Localization module (G74I), select Italian Reports, Italy Receivables and Payables Listing, and then Italy Electronic Receivables and Payables Listing.
Select the version of the report you want to generate and click OK.
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Important: Ensure to change the name of the XML file generated by the system to meet the naming conventions specified by the fiscal authorities. |
The Revenue Agency provides a file identification number for all electronic listings that you submit. The Italy Electronic Listing Information (P74Y063) program records the file identification number and stores it in the Italy Receivables Payables Electronic Listing - IT - 74Y (F74Y063) table.
A status is associated with each electronic listing that you submit to the Revenue Agency. The statuses are available in the 74Y/SS UDC.
| Submission Status | Description |
|---|---|
| 01 | Electronic listing is submitted to the Revenue Agency |
| 02 | Electronic listing is accepted by the Revenue Agency |
| 03 | Electronic listing is rejected by the Revenue Agency |
The Revenue Agency validates the electronic listing you have submitted and based on the validation, the electronic listing is accepted or rejected.
To update the submission status of an electronic listing:
Select the electronic listing from the Italy Electronic Listing Information (P74Y063) program.
Update the value in the Submission Status field to either 02 or 03 based on the validation result for that electronic listing.
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Note: You must provide the file identification number provided by the tax authority for the electronic listing with the Submission Status 02. |
Provide any comments in the Comments field, and then click OK.