Understanding Setup for the Italy VAT Reports and Electronic Invoices

You must complete additional setup for Italy for your purchase and sales transactions before you can generate electronic invoices or before you generate reports for:

• Intrastat

Information that you need to set up includes:

• UDC tables.

  See Setting Up UDCs for Electronic Invoices for Italy (Release 9.2 Update)

• Tax rate areas.

• Item records.

• Adjustments to sales and purchase transactions.