MAC-PAC Homecontact ussupport login 
Documentation > MAC-PAC Reference and Help > Reference File Categories > A/P VAT DEFAULTS

Function Select

RF229S01 - Function Select

WILLIAMS                       COMMON FEATURES                         1/29/92

 DSP01                    REFERENCE FILE CATEGORY 229           FUNCTION SELECT

                                                                                

                                                                               

                   Category Name        A/P VAT DEFAULTS                       

                                                                               

                                                                               

                                                  CO LOC                                 

                   Category Key         AAAAAA                                  

                                                  XXXXXX                                 

                                                                               

                                                                               

                   Request Code         2                                      

                                                                               

                                        1 - Add                                

                                        2 - Change                             

                                        3 - Delete                             

                                        4 - Inquire                            

                                                                               

                                                                               

                                                                               

 F2=Command          F3=Exit             F7=End Category     F8=Display List   

 F9=Inquiry                                                                    

                                                                               

 

 

The A/P VAT Defaults category allows you to determine what fields are displayed on invoice header screens in the Accounts Payable module.  It also allows you to define default values that will be used on AP screens.  Note that different information is defined for each company/location.

COMPANY

Positions 1-3 Required.  The company for which the defaults will be used.  The company must be defined on Reference File category 002.

LOCATION

Positions 4-6 Required.  The location for which the defaults will be used.  The company/location combination must exist on Reference File category 002.

Detail

RF229S02 - Detail

WILLIAMS                       COMMON FEATURES                        11/12/92

 DSP01                    REFERENCE FILE CATEGORY 229                   INQUIRE

                                                                                

                   Category Name        A/P VAT DEFAULTS                       

                                                                                 

                                                  CO LOC                                 

                   Category Key         AAAAAA                                 

                                                                               

                                                                                

            FISCAL EXONERATION/SUSPENSION AUTH. NO.                            

       Data SUSP-BER (EX-001)                                                  

                XXXXXXXXXXXXXXXXXXXX                                               

                                                                               

            SUSP. LIMIT AMOUNT    LIMIT DATE    YTD SUSPENDED AMOUNT           

       Data 0000000175000           123192        0000000078774                

                NNNNNNNNNNNDD   MMDDYY    NNNNNNNNNNNDD                

                                                                               

            DISPLAY POI    DISPLAY TIME DELAY                                  

       Data      N                  N                                          

                    Y                  Y                                          

                                                                               

 F2=Command          F3=Exit             F9=Inquiry          F10=Function Select

                                                                               

 

 

The detail screen allows you to enter parameters to be used when processing payables for the company/location entered on the function select screen.

FISCAL EXONERATION/SUSPENSION AUTHORIZATION NUMBER

Optional.  The authorization number used by the taxing authority to grant VAT exoneration or suspension status to the company/location.  An authorization number will need to be entered for each purchase order, invoice, or payment where an exonerated or suspended VAT code is used.

SUSPENSION LIMIT AMOUNT

Optional.  VAT will not be charged for VAT suspended lines until the year-to-date cumulative purchases for suspended lines equals or exceeds this limit.

SUSPENSION LIMIT DATE

Required.  VAT will not be charged for VAT suspended lines until this date is reached.

YEAR TO DATE SUSPENDED AMOUNT

Display only.  The cumulative amount for all purchase order lines to date for which VAT has been suspended.  VAT will be charged for suspended VAT codes only when this year-to-date total equals or exceeds the suspension limit amount.

DISPLAY TIME DELAY FLAG

Required.  Indicates whether the time delay field for purchases on fixed assets is displayed on the invoice header screens.  Valid values are:

Y - Yes, display the field on invoice header screens

N - No, do not display the field

The field allows you to indicate that a purchase is a fixed asset rather than a "normal" purchase.  This distinction is required in countries where VAT for the two types of purchases is reported at different times.

DISPLAY POI FLAG

Required.  Indicates whether the Purchases, Overhead, Investment fields is displayed on invoice header screens.  Valid values are:

Y - Yes, display the fields on invoice header screens

N - No, do not display the fields

The fields allows you to indicate what amount of a purchase represents investment, overhead, or a "normal" purchase.  This information is then stored so it can be retrieved through user-designed reports and queries.