Calculating VAT Offset Amounts

This section provides an overview of the process to offset value-added tax (VAT) for capital goods and the Calculation of VAT Payables for Capital Goods program; and discusses how to:

• Run the VAT - Setoff Report program.

• Set processing options for VAT - Setoff Report (R75I2213A).

• Run the Set Off for Capital Goods program.

• Set processing options for Set Off for Capital Goods (R75I211).

• Run the Calculation of VAT Payables for Capital Goods program.

• Set processing options for Calculation of VAT Payables for Capital Goods (R75I212).