Entering Zero Tax Foreign Transactions

Access the Standard Invoice Entry or Speed Invoice Entry form.

To enter zero tax foreign transactions:

1. Complete the steps to enter a standard or speed invoice, specifying V (Value Added (input) Tax) in the Tax Expl (tax explanation) field and specifying the appropriate tax area for zero tax transactions.

   The system displays the GUI/VAT Multiple Transaction Revisions form.

2. On the GUI/VAT Multiple Transaction Revisions form, verify the values in these fields:

   • Trs Typ (transaction type)

   • Doc Typ (document type)

   • Fm Cd (format code)

   • Trans. No. From

   • Trans. No. To

   • Zr Tx (zero tax rate item type)

   • T T (tax type)

3. Complete the Export Date and E M (exportation method) fields.

4. If you specified ZTC (Export Through Customs) in the Zr Tx field, complete the Exportation Doc. No. (exportation document number) and ED Ty (exportation declaration type) fields.

5. If you specified ZNC (Export Not Through Customs) in the Zr Tx field, complete the Proof Doc Name and Proof Doc Number fields.

6. If you need to adjust the declaration amounts, clear the Amount Check check box in the header area and then revise the Taxable Amount field in the detail area.

   Note:

   The system issues a warning message but allows you to decrease the GUI accumulated amounts so that they are less than the original invoice amounts. However, the system issues an error message and does not allow you to increase the GUI accumulated amounts to more than the original amounts. If you discover that the original amount is too low, cancel out of the GUI/VAT Multiple Transaction Revisions form, revise the amounts on the original invoice, and then assign GUI information to the invoice using GUI/VAT Creation From Selected AR (P75T004R) or GUI/VAT AR Inquiry (P75T3B11).

   If you change the accumulated amounts, the system does not make corresponding adjustment to the amounts on the original invoice. You should review the invoice and update the amounts, if necessary.

7. On GUI/VAT Multiple Transaction Revisions, complete any of the optional fields.

8. Click OK.

   • Doc Typ (document type)

     The system supplies a value of INV (Commercial Invoice) in this field.

   • Fm Cd (format code)

     The system supplies a value of 36 in this field.

   • Zr Tx (zero tax)

     Enter the code that indicates whether the zero tax rate item has passed through customs. The code that you enter must exist in the GUI/VAT Zero Tax Rate Type (75T/ZT) UDC table.

   • Proof Doc Number

     Enter the number of the document that proves that an exported item did not go through customs.