Entering GUI/VAT Information for Journal Entries for Purchase Returns or Allowances

Access the GUI/VAT Multiple Transactions form.

Note: You must complete the Explanation field in the journal entry with the GUI number that you obtained from your supplier's GUI. The system validates the GUI prefix. If you have not set up the prefix in the GUI/VAT GUI Prefix program, or have not entered the GUI number in the Explanation field, the system issues an error message.

This table lists the fields for which you enter specific values for purchase return transactions. Other fields are discussed elsewhere in this documentation.

To enter journal entries for purchase returns or allowances:

1. Complete these fields for each item in the detail area:

   • D C (deduction code)

   • Pur Itm (purchase item type)

2. To adjust the declaration amounts, clear the Amount Check check box in the header area, and then revise either of these fields in the detail area:

   • Taxable Amount

   • Tax Amount

     Note: If you change the accumulated amounts, the system does not make a corresponding adjustment to the amounts on the original journal entry. Review the journal entry and update the amounts, if necessary.

3. On the GUI/VAT Multiple Transaction Revisions form, complete other fields as necessary.