Payment Instruments (00/PY)

Set up UDC 00/PY to include the deferred check payment instrument (D), entering 1 in the first position of the Special Handling Code field as illustrated in this example:

Codes	Description 01	Special Handling Code
D	Draft by Invoice (A/R and A/P)	1

The system uses these values when you process deferred payments.

In addition to setting up payment instruments for standard payment processing, specify that no withholding takes place if withholding vouchers are written off when payments are made in bonds.

The system stores unfulfilled withholding in a table so that you can generate a report showing these amounts when required by the fiscal authority.

You specify whether withholding is saved in permanent files or in unfulfilled withholding tables by completing the Special Handling Code field for the payment instrument in UDC 00/PY. This UDC does not affect withholding calculations.

The value in the Special Handling Code field consists of these parts:

Position	Description
First Position	Specifies whether the payment is deferred. Values are: 1: The payment is deferred. Blank: The payment is not deferred.
Second Position	Specifies whether VAT is withheld. Values are: Y: Withhold VAT. N: Do not withhold VAT.
Third Position	Specifies whether profit taxes are withheld. Values are: Y: Withhold profit taxes. N: Do not withhold profit taxes.
Fourth Position	Specifies whether taxable amounts and profit withholding is stored in the Profit Withholding - Payments Done table (F760406A). Values are: Y: Store amounts in the F760406A table. N: Do not store amounts in the F760406A table.
Fifth Position	Specifies whether the system applies withholding taxes for security services. Values are: Y: Apply withholding. N: Do not apply withholding. The system treats a blank value as a Y.
Sixth position	Specifies whether the system accumulates the withholding taxes in the F76A0456 table. Values are: Y: Accumulate taxes. N: Do not accumulate taxes. The system treats a blank value as a Y.

This table lists the results of various special handling code combinations. The underlined character represents a blank space:

Special Handling Code	Explanation
_YYYY	All withholding is made and the profits are accrued. This code is the same as leaving the Special Handling Code field blank.
_YYN	VAT is withheld, but profits are not accrued.
_YNY	VAT is withheld, but profits taxes are not withheld. The taxable amount is accrued for the unfulfilled withholding calculation.
_YNN	VAT is withheld, but profits taxes are not; profits are not accrued.
_NYY	VAT is not withheld; but profit taxes are withheld, and profits are accrued.
_NNN	No taxes are withheld. The VAT and profit tax withholding are saved in temporary files, and profits are not accrued.

Note: If you include a 1 in the first position in any of the preceding combinations, the payment is considered to be a deferred payment.

This table is an example of payment instruments for Lecops payments:

Codes	Description 01	Description 02	Special Handling Code
J	Lecops	No retiene ni acumula RET	NNN
N	Cheque dif con Lecops	No RET si acumula Gcias	1YNN