Understanding the V.A.T. Purchasing Ledger Program

You must submit the value-added tax (VAT) report to the AFIP tax authority every month. You run the V.A.T. Purchasing Ledger program to produce a report of the fiscal credit for the period. This report includes information about the vouchers upon which the VAT was charged.

Note: Vouchers must be posted to be included in the V.A.T. Purchasing Ledger. The version of the Post Vouchers to GL program (R09801) that you use must have the Update Tax File processing option set to 3 to update the Taxes (F0018) table for all tax explanation codes.

The V.A.T Purchasing Ledger program includes credit invoices. Only credit invoices with fiscal credit that is considered definitive for the month are included. Not all credit invoices are included because they might have been assigned to losses instead of the final credit account.

After you print the Sales VAT Subledger, you can issue a magnetic version for backup.

Leave the Transaction Date - From processing option blank so that invoices from previous periods that might still be pending in accepted or rejected status are included.

When you run the V.A.T Purchasing Ledger program in final mode, the system updates these fields:

• The Voucher included in the VAT report - ARG field (AINC) in the A/P Ledger Tag Table - ARG (F760411A) table.

• The Voucher Included in the RG 1361 field (AIRG) in the F760411A A/P Tag File - ARG (F76A411T) table.