Multi Purpose Classification (74Y/SP)

Set up values in this UDC that indicate how the lines assigned to a tax rate/area are taxed. The system uses these values to determine how to include the transactions in the text files when you run the Multi-Purpose VAT Communication program (R74Y060).

These values are hard coded for Italy:

01: Taxable amount

02: Non Taxable amount

03: Exempt amount

04: Amount with VAT not exposed on the invoice

07: Transactions not subject to VAT