Peru-Specific Setup and Processes

This table lists the country-specific setup and functionality for Peru:

Setup or Process	Description
User-defined codes (UDCs)	In addition to the standard UDC setup, for Peru you must set up UDCs to process: Legal documents Legal companies Fixed assets Address book validations Inventory management Supplier withholding See Setting Up UDCs for Peru. You also set up UDCs to work with accounts receivable draft processing. See Understanding UDCs for Accounts Receivable Drafts.
Automatic accounting instructions (AAIs)	In addition to the standard AAI setup, verify that these AAIs are set up to process transactions for Peru: FR1, FR2, or FR3 to revalue assets. See Revaluing Assets for Peru. FCxx and FDxx to retrieve the amounts associated with the cost and accumulated depreciation accounts, which the system prints on the fixed asset report. See Generating the Fixed Asset Ledger. 3910 and 3911 for inflation adjustments. See Understanding Inventory Adjustments for Raw Materials and Resale Goods. Payables Trade (PC) AAI with the document type for SPOT vouchers as defined in the Legal Company Constants (P76P002) program. See Setting Up AAIs for Peru.
Next numbers	In addition to the standard setup for next numbers, for Peru, set up next numbers for: Legal documents See Setting Up Next Numbers for Legal Documents for Peru. Fixed assets legal reports See Generating the Fixed Asset Ledger. You can void individual next numbers and sequences of next numbers. See Voiding Legal Numbers for Peru.
Address book records	In addition to the standard setup for address book records, for Peru: Set the processing options for Address Book Regional Information - PER - 01 (P76P101) See Setting the Processing Option for Address Book Regional Information - PER - 01 (P76P101). Set up corresponding versions of Address Book Regional Information - PER - 01 (P76P101) and Address Book Revisions (P01012). In addition to the standard process for entering address book records, for Peru you must enter: Tax ID information. Supplier withholding information. Value-added tax (VAT) status information. Address book category codes to process sales orders and invoices. See Understanding Address Book Information for Peru. In addition to the standard process for using batch processing for address book records: Set the processing options for the PO - Address Book Batch Upload program (R76P101Z1). Set up corresponding versions of the PO - Address Book Batch Upload program (R76P101Z1) and the Address Book Batch Upload program (R01010Z). Provide proper data to the additional address book fields required for Peru in the F76P101T table. See Mapping Fields for Address Book Batch Processing in Peru. The logic for validating tax IDs for customers and suppliers was changed in the Address Book Revisions program (P01012) for users in the Latin American countries supported by JD Edwards EnterpriseOne software. See How to Validate Tax IDs in Latin American Countries.
Companies	In addition to the standard setup for companies, in Peru: Set up legal companies. Associate transactional companies with legal companies. Set up company constants. See Setting Up Legal Companies for Peru.
Suppliers	In addition to the standard setup for suppliers, to work with supplier withholding in Peru you must specify whether the supplier is an individual and complete other relevant information. See Setting Up Suppliers for Peru.
Customers	Set up customer activity codes (line of business) for customers so that the line of business appears on legal vouchers. See Setting Up Lines of Business for Peru.
Supplier withholding	In addition to the standard setup for supplier withholding, in Peru: Set up UDCs. Set up withholding percentages for IGV (Impuesto General a la Venta) withholding. See Setting Up Withholding Percentages for IGV. Set up withholding percentage, minimum amounts, and amount types for SPOT (Sistema de Pago de Obligaciones Tributarias) withholding. See Setting Up SPOT Withholding Information for Peru. Functionality exists for Peru to: Generate a report of the transactions for which IGV tax was withheld using the IGV Withholding Ledger (R76P4040) program. Generate the certificates that show the professional fees and withholding amounts withheld from suppliers using the Profit Withholding Certificate (R76P4050) program. Generate a flat file for IGV withholding using the IGV PDT (R76P4510) program. View information related to SPOT vouchers, including the bank deposit number and deposit date for the original vouchers from which the SPOT vouchers are generated using the IGV Withholding Report (R76P4600) program. See Understanding Additional Reports for Peru.
Voucher processing	In addition to the standard setup for voucher processing, in Peru: Set up corresponding versions of Standard Voucher Entry (P0411) and Peruvian Add Vouchers Set Up (P76P411T). See Entering Vouchers for Peru. Set up legal document types. See Setting Up UDCs for Legal Documents for Peru. Set up associations between legal document types and legal document groups, set up next numbers, and set up print templates. See Setting Up the System for Legal Requirements for Peru. To work with vouchers for Peru: Enter information about IGV and SPOT withholding. See Entering Vouchers for Peru. See Processing SPOT Vouchers for Peru. Set the processing options for Peruvian Add Vouchers Set Up (P76P411T). See Setting Processing Options for Peruvian Add Vouchers Set Up (P76P411T). Process SPOT vouchers. See Processing SPOT Vouchers for Peru.
Invoice processing	In addition to the standard setup for invoice processing, in Peru: Set up legal document types. See Setting Up UDCs for Legal Documents for Peru. Set up associations between legal document types and legal document groups, set up next numbers, and set up print templates. See Setting Up the System for Legal Requirements for Peru. In addition to the standard invoice processing, in Peru: Associate credit notes to invoices in the JD Edwards EnterpriseOne Accounts Receivable system. See Processing Invoices for Peru. Create print batches when working in the JD Edwards EnterpriseOne Accounts Receivable system. Assign legal numbers to invoices in print batches. Print legal documents in print batches. See Numbering and Printing Legal Documents for Peru. To process batch invoices for Peru, run the standard processes for batch invoice processing, and then copy data to country-specific tables. See Working with Batch Invoices for Peru.
Accounts receivable draft processing	In Peru, you can use the Drafts Entry program (P76A8000) to enter multiple payments (drafts) for a receipt. In addition to the standard setup for draft processing, for Peru, set up UDCs for draft processing. See Understanding UDCs for Accounts Receivable Drafts. To work with accounts receivable draft processing for Peru: Enter massive drafts. Applying draft receipts to invoices. Create draft registers. Remit drafts. Collect drafts. Delete or void drafts. Print, review, and revise drafts. Create credit or debit notes for exchange rate differences. See Processing Accounts Receivable Drafts for Peru.
Tax processing	In addition to the standard setup for tax processing, for Peru: Set up columns for the IGV purchase ledger based on tax explanation codes. See Setting Up the PDT Purchase Report. Functionality for Peru exists to: Work with nonreimbursable VAT. See Nonreimbursable VAT Processing for Peru. Set up tax/rate areas. Print VAT sales, VAT purchasing, PDT sales, and PDT purchasing reports. See Reporting Taxes in Peru.
Payment processing	In addition to the standard payment processing setup, in Peru, set up corresponding versions of PO - PCG process - PER (P76P470) and Work With Payment Groups (P04571). To work with payment processing in Peru, note that the system enables the Work With Payment Groups (P04571) program differently for Peruvian transactions to calculate IGV withholding and account for SPOT vouchers. See Understanding Payment Groups for Peru. See Understanding IGV Withholding Calculations for Peru.
Fixed assets	In addition to the standard setup for fixed assets, in Peru: Set up country-specific UDCs See Setting Up UDCs for Fixed Assets for Peru. Set up AAIs Set up revaluation accounts and limits See Setting Up Revaluation Accounts and Limits for Peru. Set up columns and specify how the system determines the amounts to print for the Fixed Asset Ledger. See Setting Up the Fixed Asset Ledger for Peru. In addition to the standard fixed asset functionality, in Peru: Revalue assets See Revaluing Assets for Peru. Generate the Fixed Asset ledger report. See Generating the Fixed Asset Ledger.
Sales order processing	In addition to the standard setup for sales order processing, in Peru: Set up legal document types. See Setting Up UDCs for Legal Documents for Peru. Set up associations between legal document types and legal document groups, set up next numbers, and set up print templates. See Setting Up the System for Legal Requirements for Peru. Associate versions of the Voucher Print (P76H3B30) program to legal document types and companies. See Associating Legal Document Types and Companies to Voucher Print Versions for Peru. In addition to the standard sales order processing, in Peru: Assign legal numbers to shipment notes in print batches. Print legal documents in print batches. See Numbering and Printing Legal Documents for Peru. Print invoices, shipping guides, credit and debit notes, and other legal documents. See Working with Billing Information for Peru. Inquire on sales orders and other legal documents. See Inquiring on Sales Orders for Peru. Run the Lot of Printing Review (P76H3B50) program to number and print invoices before running the Update Customer Sales program (R42800). Relate sales orders to credit or debit notes See Processing Credit Notes and Debit Notes Related to Documents for Peru.
Inventory management	In addition to the standard setup for managing inventory, in Peru you set up the system for actual costs. See Setting Up the System for Actual Costs for Peru. To calculate inventory adjustments and actual costs in Peru: Enter indirect costs, bill of material information, and actual costs. Update the localized cardex. Inquire on localized cardexes. Print the inventory ledger. Set up the system for inflation adjustments for raw materials and resale goods. Calculate inventory adjustments for raw materials and resale goods. See Calculating Inventory Adjustment and Actual Cost for Peru.
General ledger reporting	In addition to the standard general ledger reporting, for Peru you can: Review the ledger by legal number. Review account balances by account and category code. Review debit and credit balances by month. Repost the Account Ledger Tag file. See Working With General Ledger Functionality for Peru.
Financial reports	Functionality exists for Peru to: List all accumulated balances for a fiscal period by object account using the Account Balance by Object Account (R76H9001) program. List all journal entries for a specific period and assigns the legal number to each entry using the General Journal (R76P9003) program. Print legal company information, report heading titles, and page numbers, based on processing option settings using the Print Number (folio) Blank Pages (R76H9005) program. List all transactions for a specific period by object account using the Account Ledger by Object Account (R76P9421) program. List all transactions for a specific period by category code using the Account Ledger by Category Code (R76P9470) program. See Understanding Additional Reports for Peru.