Setup Requirements for Sales Tax for Transactions

This table lists the setup requirements for sales tax for transactions:

Setup Requirements	Comments	Cross-Reference
Calculate offset amounts.	Run the Set Off Report (R75I4213) to compare the tax paid on purchase transactions to the tax collected on sales transactions. The difference between the tax paid and the tax collected is the offset amount.
Calculate VAT offset amounts.	Use the VAT - Setoff Report (R75I2213A) program to print the list of sales orders and purchase orders with VAT. The difference between the tax paid and the tax collected is the offset amount.
Calculate the VAT offset amount for capital goods.	Use the Set Off for Capital Goods (R75I211) program to print the list of purchase orders and to calculate the VAT offset amount for capital goods
Define adjustment under VAT and define glossary	Confirm that the adjustment is defined under the activity name VAT and that the glossary is defined in the Relation Adjustment Name / Tax Type (P75I006) and the Relation Landed Costs to Tax Regime / Tax Type (P75I007) programs.
Mapping Interstate Stock Transfers	Use the Stock Transfer Entry program (P75I213A) to specify the quantity of stock to transfer and map the stock transfer order to the appropriate purchase order.