Understanding the VAT Purchasing Report

Issuing a monthly purchasing report is a legal requirement in Chile. To meet the requirement, run the VAT Purchasing Report (R76H4010) program monthly. This report lists all vouchers entered in the JD Edwards EnterpriseOne Accounts Payable system that meet these conditions:

• The vouchers must be posted in the F0018 table.

  This file is updated when the Tax tab from the R09801 posting program has value 3 in the first processing option.

• The tax areas are set up as VAT in the localization, for example they are not fees withholdings.

The report is categorized by invoice date and prints these Amount columns:

• Gross Amount

  The sum of all the voucher lines (except from withholdings).

• Non Taxable Amount

  All entered vouchers are printed with tax explanation code E.

• Taxable Amount.

  The sum of the invoice taxable amount.

• VAT Amount

  The sum of the taxes calculated by the first pocket percentage of the tax areas.

• Specific Tax Amount.

  The sum of the taxes calculated by the pocket percentage 2 to 5 of the tax areas.

At the bottom part of the report, this additional information is displayed:

• Non Reimbursable VAT Total.

  The sum of all the vouchers which have non reimbursable tax areas defined in the tax area localized setup.

• Number of Vouchers.

• Number of Credit Notes.

• Number of Exempt Documents.