Understanding the Reclassification of Suspended VAT Process for Spain

Use JD Edwards EnterpriseOne localized software to reclassify suspended VAT for Spain based on method and payment document types. The system reclassifies VAT in this way:

Method	Payment Document Type (DCTM)	VAT Reclassification
Payment	PN, PK, or P1	Payment post
Draft	PN or PK	Payment post
Draft	P1	Draft post
Manual	Any method	Manual selection

The system performs the reclassification at voucher exchange rate excluding VAT on the exchange rate differences.

During the reclassification process, the system:

• Selects suspended VAT transactions from F704100.

• Updates suspended VAT transactions in F704100.

• Inserts reclassifications in F704200.

• Generates reclassification journal entries for suspended VAT voucher lines.

Note: Do not modify a voucher line that is partially reclassified.