Understanding the Detailed Italy Intrastat Services Declarations Report (R74Y020)

You use the Generate Services Declaration-Final Step program (R74Y020) to generate the detailed Intrastat declaration report with all the transactions that you have selected in the Generate Services Declaration-First Step program (R74Y018) for a selected period.

The Generate Services Declaration-Final Step program:

1. Searches for a declaration that is at status Pending from the Intrastat Declaration - Header table (F74Y020).

2. Obtains the vouchers and invoices for intracommunity services operations from the F0018 table and from the F74Y018 table that was updated using the Intrastat Services Information program (P74Y019), and stores the document information in the Italy Intrastat Declaration - Details table (F74Y021).

3. Groups document lines by additional services information. The program validates the additional information values for each document included in the declaration and does not process the declaration if it finds any of the additional information fields blank. Instead, the program displays a warning and the declaration remains in status Pending.

   Note: (Release 9.2 Update) If you leave the method of supply and method of collection fields blank, the system will not issue any error.

4. Adjusts documents according to the Credit and Debit Notes accounted in the period.

5. Creates the records with documents ordered by supplier or customer number, G/L date, and document number. The system groups the document lines by the additional services information (Service explanation code, method of supply, method of collection, and country where payment is made.) For a declaration that has no errors, the program moves the status of the declaration from Pending to Processed. For a declaration that has errors, the declaration remains in status Pending and you can fix the errors and rerun the process.

In the European Union (EU), some countries use the euro as their domestic currency while some have not adopted the euro and operate in a different currency. The system obtains the transaction amounts in euro from the Taxes table (F0018) if the supplier is based in a country that uses the euro as the domestic currency.

If the supplier is from a country that does not operate in euro, the currency code of the company in the Taxes table (F0018) will be different from company currency code in the Company table (F0010). In this case, the transaction is in foreign currency and the system obtains the amount in the foreign currency from the AP transaction table.