Understanding Invoices for the Czech Republic

When working with sales and purchase transactions in the Czech Republic, you might need to produce several types of invoices. The JD Edwards EnterpriseOne software for the Czech Republic enables you to work with these types of invoices:

• Czech-specific invoices for goods and services.

  You can print Czech-specific invoices from the JD Edwards EnterpriseOne Sales Order Management system and the JD Edwards EnterpriseOne Accounts Receivable system.

• Invoices to account for prepayments.

• Invoices for value-added tax (VAT).

When you run the Print Invoices program (R42565) or the Print Legal Documents from A/R program (R7430030), the system calls the Print Legal Document program (R7430040) to print information on the invoice that is required for the Czech Republic. The invoice for the Czech Republic includes:

• Identifying number.

• Name, address, and VAT registration number of the company that generates the invoice.

• Date of issue of the invoice, or the date that the goods or services were supplied, if different.

• Date of taxable fulfillment (service tax date).

• Payment due date.

• Bank account information including:

  • Name

  • Address

  • Postal code

  • Bank account number

  • IBAN (International Bank Account Number)

  • SWIFT (Society for Worldwide Interbank Financial Telecommunications) number

• Customer's name and address.

• Description identifying the goods or services that are supplied including:

  • Quantity of goods or extent of the services.

  • VAT amount and rate.

    Only one VAT rate is applied to a specific item or to one line of the invoice.

  • Amount due, excluding VAT.

  • Total amount, including VAT.

• Unit price.

• Rate of any cash discount offered.

• Total amount of VAT charged.

• Gross total amount payable, excluding VAT.

• Total payable amount.