1. Localizations for Brazil Implementation Guide
  2. Understanding Setup for Brazilian Taxes Processing

Understanding Setup for Brazilian Taxes Processing

Before the JD Edwards EnterpriseOne system can calculate Brazilian taxes, you must set up the tax tables, UDCs, AAIs, and other information that the system needs to perform the calculations. In Brazil, sales and use taxes are calculated on both inbound (procurement) and outbound (sales) transactions.

You can set up the system to perform calculations for these taxes:

  • IPI (Imposto sobre Produtos Industrializados)

  • ICMS (Imposto sobre Circulaço de Mercadorias e Serviços)

  • ICMS Substitution (Imposto sobre Circulaço de Mercadorias e Serviços Substituto)

  • ISS (Imposto sobre Serviços)

  • PIS/PASEP (Programa de Integração Social/Programa de Formação do Patrimônio do Servidor Público)

  • COFINS (Contribuiço do Financiamento para Seguridade Social)