This chapter contains the topic:
| Processing Option | Processing Option Requiring Further Description |
|---|---|
| TAX FILE UPDATE: | |
| 9. Identify when to update the Tax Work file (F0018):
'1' = V.A.T. or Use Tax only '2' = for All Tax Amounts '3' = for All Tax Explanation Codes Blank (Default) = No Update to File. Note: When using Vertex Taxes the Vertex Tax Register file will be updated instead of the Tax Work file for methods '1', '2', and '3'. |
|
| 10. Adjust VAT Account for Cash Receipt Adjustments and Write Offs. Tax explanation must be a 'V'.
'1' = update VAT amount only '2' = update VAT amount, extended price and taxable amount |
|
| 11. Adjust VAT Account for Discount Taken. The Tax Rules file must be set to Calculate Tax on Gross Amount, including Discount and Calculate Discount on Gross Amount, including Tax. Tax explanation must be a 'V'.
'1' = update VAT amount only '2' = update VAT amount, extended price and taxable amount |