This chapter contains this topic:
IN86 refer to legal reporting requirements in Brazil. This requirement requires businesses to report all of their business transactions that occur over a period of time using magnetic media. The government defines the period of time, the required information, and the magnetic media layout. The government also allows businesses to submit additional information with their transaction data.
Typically, the government informs a company that it has been selected for audit and that the company is required to make an IN86 submission for the business transactions that occurred within a reporting date range. The company then has 20 work days in which to remit the required submission to the government.
JD Edwards World software provides a solution for and supports IN86 tax reporting only for data that is stored in JD Edwards files. For example, JD Edwards files for Brazil do not store payroll data, so the system does not support IN86 data for payroll data.
Brazilian government specification allows companies to include additional fields in the text files for reporting or to modify the length of fields. To include additional fields or modify the length of the fields, you must customize the programs that are provided by the system.
The generation process of that information involves three steps:
Work file Creation
Work file Maintenance and Inquiry
Text file creation and Editing
Functional areas to be processed are:
General Accounting
Account Balance
Accounts Receivable
Accounts Payable
Good Register
Notas Fiscais on Merchandises
Notas Fiscais on Services
Notas Fiscais emitted by Third Parties
Stock checking
Inventory Management
Bill of Materials