VAT Report Code (74B/TA)

You must set up UDC 74B/TA with the correct legal codes to configure the Set up TAX Rate Area / Document Type program (P74B500). Typical Belgian tax codes are contained in the Codes field.

The Codes column is a numeric two-position field. The Description 01 column lists the category of the value added tax (VAT) being reported and contains standard Belgian categories. The Description 02 column contains the type of VAT.

Your VAT Report Code (74B/TA) UDC table should be set up like this:

Codes	Description 01	Description 02
00	Zero tax	Outgoing
01	6 pct. tax	Outgoing
02	12 pct tax	Outgoing
03	21 pct. tax	Outgoing
45	VAT paid by Co-contractor	Outgoing
46	Free from VAT: Intracomm. goods	Outgoing
47	Free from VAT: non EU Export	Outgoing
48	Credit Notes for code 46	Outgoing
49	Credit Notes for A, B and C	Outgoing
54	VAT Payable on A	VAT payable
55	Intracomm. goods and services	VAT payable
56	Co-contractor goods and services	VAT payable
57	Non EU import, VAT domestic	VAT payable
59	VAT recoverable	VAT recoverable
61	Corr.: total VAT payable	VAT payable
62	Corr.: total VAT recoverable	VAT recoverable
63	VAT on credit notes received	VAT payable
64	VAT on credit notes send	VAT recoverable
81	Goods and Services	Incoming
82	Services and Other	Incoming
83	Goods for internal use	Incoming
84	Credit Notes for 86	Incoming
85	Other Credit Notes	Incoming
86	Intracomm. Goods and Services	Incoming
87	Services on real estate	Incoming
98	Not in VAT Report	Outgoing
99	Not in VAT Report	Incoming