Understanding Hungarian EU Reports

In Hungary, VAT registered entities must submit monthly VAT returns to tax authorities that summarize the taxable and tax amounts according to the tax rates and nature of the transaction. JD Edwards EnterpriseOne software for Hungary provides two EU sales reports. The Hungarian EU Sales Report program reports on records in the Customer Ledger table (F03B11). The EU Transaction Summary Report program reports on records in the Taxes Table (F0018). These reports list the sales transactions in a detailed or summarized mode.

You can also use the BIP solution to run the Hungarian EU Sales Report and Hungarian EU Transaction Summary Report with tax area by country functionality.

See Generating the Hungarian VAT Report.