Financial - JDE1 (MOSC)

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Deactivate VAT in Unapplied Receipts on russian localization

edited Apr 10, 2020 5:04AM in Financial - JDE1 (MOSC) 2 commentsAnswered

In the Russian Localization we have for unapplied receipt a VAT calculation to be compliant of Russian Fiscal Authority.

https://docs.huihoo.com/oracle/jd-edwards/enterpriseone/applications/9.1/doc.91/e23370/ru_slsordr_and_inv_proc.htm#g7dba…

"When you work with prepayments, the system calculates and posts VAT amounts according to defined tax rate /areas and generates the corresponding journal entries. Afterwards, when you apply an unapplied cash/bank receipt to an invoice, the system reverses the transaction. The system includes the original VAT calculation for the prepayment in the Sales Book, the reversal transactions in the Purchase Book and generates the corresponding journal entries.The system uses the Unapplied Receipt account to create the journal entry for unapplied VAT receipt. However, it enables the user to set up a different account for unapplied VAT receipts. This has an

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