Financial Processes

When JD Edwards EnterpriseOne financial applications such as the JD Edwards EnterpriseOne Accounts Receivable and JD Edwards EnterpriseOne Accounts Payable systems create financial records, the General Ledger Post Report program (R09801) writes tax information to the Vertex Tax Register.

Tax information is calculated based on the value in the Tax Rate/Area field of the F0411 and F03B11 tables, and appears on the voucher and invoice transactions as they are entered. If sales or use taxes exist, the amount that is recorded in the general ledger income or expense distribution equals the invoice or voucher amount plus the tax amount. Sales tax amounts are included in the gross amount of the invoice or voucher. Use tax amounts are not included in the gross amount of the invoice or voucher.