(COL and ECU) Tax Explanation Codes for Columbia and Ecuador

Colombian and Ecuadorian localizations use four tax explanation codes from the Tax Explanation Codes (00/EX) UDC table:

• C: VAT + Sales tax

• V: VAT

• CT: VAT + Sales tax, tax only

• VT: VAT, tax only

These tax explanation codes are hard-coded for the JD Edwards EnterpriseOne Accounts Payable and JD Edwards EnterpriseOne Accounts Receivable systems.

See also:

• "Understanding Tax Explanation Codes" in the JD Edwards EnterpriseOne Applications Tax Processing Implementation Guide.