1. Localizations for Poland Implementation Guide
  2. Working with Split VAT Payments Report (R704012) (Release 9.2 Updates)

Working with Split VAT Payments Report (R704012) (Release 9.2 Updates)

The Split Voucher VAT report (R704012) includes information about the voucher lines added with the split VAT amount. The R704012 report also displays error in the setup for the processed transactions.

For each detail line, this report includes the:

  • Vendor Number

  • Alpha Name

  • Document Number/Type/Company

  • Gross Amount

  • Tax Amount

  • Taxable Amount

  • Pay Status

  • Pay Item

  • G/L Account Number

  • Split Percentage

  • Payee

  • Remarks

  • Error Description

When you run the Split Voucher VAT report, the system:

  • Processes the vouchers with the pay status specified in the processing options of the report. If the pay status is not specified in the processing options, the vouchers with pay status % are processed.

  • Calculates the split amount from the tax amount of the voucher based on the split percentage specified in the Split VAT - Work with Supplier Information program (P704012).

    See, Setting Up Split VAT for Supplier (Release 9.2 Updates).

  • Adds a line with the split VAT amount to be deducted from the original voucher line.

  • Adds a line with the split VAT amount to be paid to the payee specified in the processing options of the report. If the payee address is not specified in the processing options, the payee address specified in the P704012 program is used.

    Updates the account for which the account ID is specified in the processing options of the report with the split VAT amount.

    If the account ID is not provided, the account associated with the G/L offset provided in the processing options of the report is updated. If the account ID and G/L offset are not provided in the processing options of the report, the account associated with the G/L offset specified in the P704012 program is updated.

  • Updates the pay status of the new line with the split VAT amount to be paid to the payee address specified in the processing options of the report. The pay status is updated with the value specified in the Split Pay Status processing option of the report.

  • Updates the pay status of the original line of the voucher and the new line with the split VAT amount to be deducted from the original line. The pay status is updated with the value specified in the Pay Status processing option of the report.

Note:

  • The system does not include transactions with zero tax amount in the R704012 report.

  • The system processes all of the correct vouchers during the Split VAT Payment without stopping the process if any supplier's setup is missing. This enables users to automate and run the R704012 report on the scheduler with a wider data selection.