COFINS (76B/IO)

Set up the COFINS UDC table with the values that exist for non-accumulative COFINS in the GL/Class Code (76/GL) UDC table. Enter the value from the Description 01 field of the GL/Class Code (76/GL) UDC table in the Codes field of the COFINS UDC table. When you run the Inventory Record program (R76B4013), the system uses the values in the COFINS UDC table to determine which tax values to include in the COFINS Non-Accumulative column of the Inventory Record report.

This table shows an example of a code for non-accumulative COFINS:

Code	Description
CO99	COFINS – non-accumulative