1. Localizations for Russia Implementation Guide
  2. Posting Vouchers with Suspended VAT

Posting Vouchers with Suspended VAT

When you run the General Ledger Post program for Russian vouchers with suspended VAT, the system compares the tax area and document type that exist for each line in the voucher and compares them to the setup in the F74R400 table. The system:

  1. Looks for the VAT release type for the tax area/document type in the voucher.

  2. If no setup exists for the tax area/document type combination, compares the tax area in the voucher to the tax areas set up in the F74R400 table.

    The system uses the release type for the first entry in the F74R400 table that matches the tax area in the voucher, even if the document type does not match.

  3. If the tax area in the voucher does not exist in the F74R400 table, the system looks for the first line that is set up in the F74R400 table that has the same document type as the line in the voucher, and uses the release type set up for the document type as the release type for the voucher line.

  4. If neither the tax rate area or the document type in the voucher exists in the F74R400 table, the system does not apply any localized process to the voucher line.

When you post a voucher that includes suspended VAT, the system creates a new record in the Tax on Hold table (F74R410). The system uses this table to keep track of the VAT amount to release.

When you release the VAT amount automatically for a transaction, the system:

  1. Validates that the AAI for the VAT account is defined and valid.

  2. Creates a new journal entry line in batch V to update the VAT accounts:

    • Credits the suspended VAT account and debits the VAT account for vouchers, and makes opposite entries for credit notes.

    • Uses the invoice date, GL date, or service date, as specified in the processing options, to determine the GL date of the journal entry.

    • Writes the tax amount to release for each tax area on the voucher.

  3. Creates a record in the table Tax on Hold (F74R410).

  4. Creates a new record in the Tax Released File table (F74R420) in the amount of the VAT being released.

    The F74R420 table is the main input table for the Purchase Book report.

    Note: The JD Edwards EnterpriseOne system does not support the generation of the Purchase Book report.

  5. Reduces the amount in the F74R410 table by the VAT amount released and recorded in the F74R420 table.