Entering Tax Summary Information
Access the Revise VAT Summary form.
- Tax Rate/Area
Enter a value that exists in the Tax Areas table (F4008) to identify the tax rate area for which you set up tax summary information.
- Item Number (Short)
Enter the short item number.
- Tax Summary Code
Enter a value that exists in the Tax Summary Code (74H/TS) UDC table. The system uses this code to categorize VAT transactions on the Hungarian VAT Report (R74H1007).
- Partner EU Classification
Specify the type of classification that is used to identify the type of partner associated to a tax area. Values are:
All
Domestic
EU
EU with no tax ID
Foreign
- Address Book Grouping
Select an option to specify if you want the system include in the Hungarian VAT report address book records, accounts payable records, or accounts receivable records that include the category code that you specify in the VAT Field Value field.
- VAT Field Code
Enter a value that exists in the category code UDC for the type of records that you selected in the Address Book Grouping area. The values available for this field change depending on the type of record you selected in the Address Book Grouping field.
If you selected Address Book, you enter a value that exists in the VAT Grouping Fields (74H/VF) UDC table. If you selected Accounts Payable, you enter a value that exists in the VAT Field Code Payables (74H/VP) UDC table. If you selected Accounts Receivable, you enter a value that exists in the VAT Field Code Receivables (74H/VR) UDC table.
- VAT Field Value
Enter a value for the type of category type that you selected in the VAT Field Code field. The system uses this value to determine the records from the F0101, F03B11, or F0411 table to include in the VAT report.