Understanding Tax Summary Information

You use the Tax Rate Summary Setup program (P74H1007) to establish relationships between the tax rate/area used in a voucher and a tax summary code. The tax summary code identifies the taxable type and rate.

You also establish address book groupings that the system uses to include or exclude records when you run the Hungarian VAT Report program (R74H1007). When you establish the address book groupings, you select a category code and value for the specified category code and the system associates the category code value with the tax rate/area. When you run the Hungarian VAT Report program, the system includes in the VAT report the address book, accounts payable, or accounts receivable records that have the same category code.

The system includes records according to these grouping selections:

Address Book Grouping	Records Included
Address book	Those with the same category code value in the Address Book Master table (F0101)
Accounts payable	Those with the same category code value in the Accounts Payable Ledger table (F0411).
Accounts receivable	Those with the same category code value in the Customer Ledger table (F03B11).