Understanding the Quarterly VAT Report

You can generate the Quarterly VAT Report (R74B300) by setting a processing option in the VAT EC Sales List (R740018D) program or from a menu option. The report includes a column that identifies the transactions that are included in the current report as corrections for a previous report. The report also includes the amount of the corrected records.

The Quarterly VAT Report report includes Codes and Note Columns that provide you with the ability to report additional information to the Belgian authorities. If you need to report additional information to the Belgian authorities, you must customize the report to include the additional data. The Quarterly VAT Report report is not set up to populate these columns.