VAT Sales Report

The VAT Sales report includes information about the standard and correction invoices generated for a selected period of time by legal document and tax percentage. In the case of Intracommunity transactions, the report also splits transactions by service category codes and goods items separately.

In the Header section, this report includes the:

• Program ID.

• Version name.

• Name of the company.

• Reporting period (date range).

• Address of the company.

• Title of the VAT sales register.

• Version title.

• Page number.

• Date and time of printing.

• User name.

• Ledger type.

For each detail line, this report includes the:

• Sequential register number

• Sales date.

• Invoice date.

• Legal company.

• Legal document type.

• Issue place.

• Legal document number.

• Buyer tax ID.

• Buyer's registration number.

• Buyer's name and address.

• Service description in separate lines by each EU service. In the case of invoices entered from Accounts Receivable, the system retrieves the service description from the Remarks field. In the case of invoices entered from Sales Order, the system retrieves the information from the service description category code.

• VAT amount and VAT rate, including 0% and exempt transaction.

• Gross and net amounts by each EU service.

• Each particular VAT rate and VAT amount in the separate line by each invoice number.

• Gross and net amounts by each particular VAT rate.

• Gross total amount, net total amount, and VAT total amount by each invoice number.

• Gross total amount, net total amount, and VAT total amount for the page of report.

• Gross total amount, net total amount, and VAT total amount for the report by each particular VAT rate.

In addition to the information specified for the sales purchase register, the correction registers also include a reference to the original invoice. Document type selection and tax rate/area control which entries are included on this report.

When you run the VAT Purchase Register program, the system:

• Summarizes all pay items for each document by VAT rate.

  The system prints as many detail lines as needed to reflect the different VAT rates that were entered for a particular document. For example, if a document contains three VAT rates, the system prints three detail lines for the document. If all detail lines on a document have the same VAT rate, the system prints one detail line.

• Groups all lines of document by VAT rate.

  Totals only are printed for each tax rate.

• Distinguishes a tax rate of Exempt from a tax rate of 0 percent.

• Prints on one page all detail lines for a document type and document number.

• Prints only the intracommunity VAT, only the non-intracommunity VAT, or both types of VAT, depending on the values in the processing options.