This chapter contains these topics:
This chapter describes how to set up default values (tax explanation codes and tax rate/areas) for suppliers and customers. When you use transaction entry programs, the system automatically displays the defaults that you have defined.
You can assign default values using with the following programs:
For A/R and sales order processing, assign defaults values using Customer Master Information (P01053).
For A/P and purchase order processing, assign defaults values using Supplier Master Information (P01054).
When you enter a transaction (voucher, invoice, sales order, or purchase order), the default tax explanation code and tax rate/area values populate from Customer/Supplier Master Information. You can either accept or override the default values, as follows:
For A/P vouchers, you can override the defaults using the various Voucher Entry programs including Speed Voucher Entry.
For A/R invoices, you can override the default values using the Invoice Entry or the Speed Invoice Entry programs.
For sales orders, you can override the default values using the Enter Sales Orders screen or the Order Detail Information screen.
For purchase orders, you can override the default values using the Enter Purchase Orders screen, the Purchase Order Detail screen, or the Match Voucher to Open Receipt screen.
Note:
For journal entries using the Journal Entry With VAT Tax program, there are no defaults. You must manually enter a tax explanation code and a tax rate/area.From the Accounts Payable menu (G04), select Supplier & Voucher Entry,
From the Supplier & Voucher Entry menu (G0411), select Supplier Master Information
You can specify default tax information for suppliers using the Supplier Master Information program. A/P entry screens display the defaults you establish here.
Figure 12-1 Supplier Master Information screen
For more information about Supplier Master Information, see the JD Edwards World Accounts Payable Guide. This guide describes only those fields necessary for tax processing.
You can specify default tax information for customers using the Customer Master Information program. A/R entry screens will automatically display the defaults you establish here.
From the Accounts Receivable menu (G03), select Customer & Invoice Entry.
From the Customer & Invoice Entry menu (G0311), select Customer Master Information.
Figure 12-2 Customer Master Information screen
For more information about Customer Master Information, see the JD Edwards World Accounts Receivable Guide. This guide describes only those fields necessary for tax processing.
You can specify default tax information for suppliers using Supplier Master Information. Purchase order entry screens display the defaults you establish here.
The Supplier Master Information program was shown earlier in Defaults for A/P in this chapter. The values you enter for A/P and purchase orders are the same.
The system will automatically display the default tax explanation code and tax rate/area for the supplier when you use the Enter Purchase Orders programs. You can either accept or override (type over) the default values.
Note:
You can use the Supplier Master Information program to set up information for supplier addresses and supplier ship-to addresses. The processing options you specify for Enter Purchase Orders control whether tax information defaults from the supplier or the supplier ship-to address.You can specify default tax information for customers using the Customer Master Information program. Sales order entry screens display the defaults you establish here.
The Customer Master Information program was shown earlier in Defaults for A/R in this chapter. The screen and the values you can enter for A/R and sales orders are the same.
Topic | Description |
---|---|
Tax default Values for Journal Entry with VAT Tax | There are no tax defaults for Journal Entry With VAT Tax. You must manually enter a tax explanation code and a tax rate/area. |