Automatic Accounting Instructions

To post the tax amount that is calculated when posting vouchers and invoices to a Suspense VAT account, you must set up these AAIs to reference the Suspense VAT account:

  • PTxxxx

  • RTxxxx

The Suspense VAT account holds the tax amount until a payment or receipt is applied to the voucher or invoice, and the payment or receipt is posted.

You must set up these AAIs with the VAT account to reclassify the tax amount from the Suspense VAT account to the VAT account when the payments or receipts are posted:

  • PIxxxx

  • RIxxxx

The suffix xxxx indicates the GL offset code that is defined on the corresponding tax rate/areas. Blank is a valid GL offset code.

Note: You can specify a unique VAT account in the processing options for the POs Redistribute AP VAT - Mexico program (R76M1630) and the POs to Redistribute AR VAT Accounts - Mexico program (R76M1010).

See "Setting Up AAIs for Taxes" in the JD Edwards EnterpriseOne Applications Tax Processing Implementation Guide.