PeopleSoft Billing Integration for VAT Processing

The PeopleSoft Billing interface to PeopleSoft Receivables consists of the Load AR Pending Items Application Engine process (BILDAR01) that inserts entries into PeopleSoft Receivables tables.

PeopleSoft Billing passes VAT account types to PeopleSoft Receivables as either VO for output or VOI for output intermediate. It passes VO when the VAT declaration point is set to invoice, delivery, or accounting date, and it passes VOI when the declaration point is set to payment. If PeopleSoft Billing sends transactions that originated in PeopleSoft Asset Management as an asset reinstatement, the type is VORE.

In the Pending Distribution table (PENDING_DST) for VAT accounting entries, if the declaration point is invoice, delivery, or accounting date, the accounting entry line type in the SYSTEM_DEFINED field is set to V (VAT-Final). If the declaration point is payment, the SYSTEM_DEFINED field is set to W (VAT-Intermediate).