Exporter

To meet the excise tax requirements specified by the tax authorities for an exporter in the O2C cycle, the JD Edwards EnterpriseOne programs enable you to:

• Set up ARE 1 bonds and ARE 3 certificates.

• Create a sales order with excise tax for items that you export.

• Create an invoice.

• Offset the amount or quantity of excise duty by the ARE 1 bond or ARE 3 certificate respectively.

• Receive the proof of export.

• Replenish the bond amount with ARE 1.

• Print Annexure 19 periodically to submit to the government.