Transaction Nature (74Y/NA) (Release 9.2 Update)

You assign a value from this UDC table in the field Transaction Nature in the Tax Area Additional Information form to classify the transactions that are not subject to taxation.

The JD Edwards EnterpriseOne system provides hard-coded values for this UDC table, including a blank value that you can assign to transactions that are subject to taxation.

Verify that the following values are set up in your system:

Codes	Description
N1	Excluded pursuant to Art. 15
N2.1	Not subject to VAT under the articles from 7 to 7 - Septies of DPR 633/72
N2.2	Not Subject - Other cases
N3.1	Not Taxable - Exportations
N3.2	Not Taxable - Intra Community transfers
N3.3	Not Taxable - Transfers to San Marino
N3.4	Not Taxable - Transactions treated as export supplies
N3.5	Not Taxable - For declaration of intent
N3.6	Not Taxable - Other transactions that do not contribute to the determination of ceiling
N4	Exempt
N5	Margin Regime
N6.1	Reverse Charge - Transfer of scrap and other recyclable materials
N6.2	Reverse Charge - Transfer of gold and pure silver
N6.3	Reverse Charge - Subcontracting in the construction sector
N6.4	Reverse Charge - Transfer of buildings
N6.5	Reverse Charge - Transfer of mobile phones
N6.6	Reverse Charge - Transfer of electronic products
N6.7	Reverse Charge - Provisions in the construction sector and other related sectors
N6.8	Reverse Charge - Transactions in the energy sector
N6.9	Reverse Charge - Other cases
N7	VAT paid in another EU country

You can add additional records to this UDC table to comply with regulations.