Understanding the Multi-Purpose VAT Communications

The Agenzia delle Entrate (Italian Tax Authorities) published regulations for the Multi-Purpose VAT Communication relevant transactions, which is also known as Nuovo Spesometro. The regulations require that you periodically report information on sales and purchase transactions to the Italian government.

You include the transaction information that you must report in these declarations, which you submit in an electronic file:

• Yearly List (Spesometro)

• Black List Declaration

• San Marino Purchases Declaration

You use the Multi-Purpose VAT Communications to submit each of the declarations. In the JD Edwards EnterpriseOne software for Italy, you use the Multi-Purpose VAT Communication program (R74Y060) to generate the Multi-Purpose VAT Communication. The program populates different sections for the communication based on which declaration you choose to generate. For example, if you choose to generate the Black List Declaration, the program generates the Multi-Purpose VAT Communication files and populates only the sections of multi-purpose communication that are required for reporting transactions for black list countries.

See Record Types in the Multi-Purpose Communications of VAT Reports

The Multi-Purpose VAT Communication program populates two workfiles with detailed and summary information that it then uses to generate audit reports and the specified text file. You then use the Text File Processor program (P007101) to work with the text files and copy the files to the media that you use to submit the electronic files.