Tax Rate Areas

You must set up this supplemental information for tax rate areas for Italy:

• Set up associations between tax rate areas and the transaction type of your sales transactions so that the system can determine how to classify the sales records.

  You use the Tax Rate Area and Transaction Type Mapping program (P740018A) to associate tax rate areas to transaction type codes. The system uses the associations that you set up for the intrastat reports.

  See "Setting Up Tax Rate Area Associations" in the JD Edwards EnterpriseOne Applications Localizations for European Reporting and SEPA Processing Implementation Guide.

• Associate the tax rate areas that you use for purchase and sales transactions with the countries in which you use the tax rate areas.

  Alternatively, you can enter the country code only, without associating a tax rate area with the country code. When you enter the country code only, the system includes all transactions in the country without regard to the tax rate area used in the purchase or sales transaction.

• Complete the fields in the Tax Rate Additional Information form to classify the records that you use for transactions not subject to taxation. You access this form from the Tax Rate/Areas form.

  The system uses this information for different purposes.

  See Entering Additional Information for Tax Areas