Understanding How to Populate the Hungarian VAT Table

Companies in Hungary are entitled to reclaim value-added tax (VAT) for paid invoices in certain circumstances. You include in the VAT recoverable report only those vouchers that are paid in the reporting period. You run the VAT Table Build program to identify the paid vouchers and populate the VAT Table Build Header table (F74H1002) and VAT Declaration Detail table (F74H1004). The system retrieves voucher and tax information from:

  • The Accounts Payable Ledger table (F0411) for vouchers in domestic currency, or vouchers in a foreign currency for foreign suppliers.

  • The Foreign Vouchers Supplier Amounts table (F74H410) for vouchers in a foreign currency for a domestic supplier.

If the foreign amounts do not exist in the F74H410 table, the system retrieves the foreign amounts from the F0411 table. If the voucher exists in the F74H410 table, the system writes it to the VAT Final Declaration Header table (F74H1003).

After you populate the F74H1004 and F74H1003 tables, you run the Hungarian VAT Declaration program (R74H1003) to generate the VAT report that you use to reclaim VAT. When you run this program in final mode, the system updates the VAT Declaration Status from CRE (created) to DEC (declared) in the F74H1003 and F74H1004 tables and assigns the next number as set up in the second row of the system 74H next numbers. The next number is reported as the VAT declaration ID number.

Note: The system does not complete the Pay Itm and Pay Ext columns in the report for records that it writes from the F74H410 table.
Note: You can specify the country for which you want to run the report in the Report By Country processing option.
Note: You cannot use category code 7 to select the voucher lines to include in the VAT reports for transactions in a foreign currency.