Documentation >
MAC-PAC Reference and Help >
Reference File Categories >
A/R VAT DEFAULTS
Function Select
RF307S01 - Function Select
WILLIAMS COMMON FEATURES 2/01/92
DSP01 REFERENCE FILE CATEGORY 307 FUNCTION SELECT
Category Name A/R VAT DEFAULTS
CO LOC
Category Key 001CMD
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 Accounts Receivable Defaults category defines default values for parameters used in the Purchasing and Accounts Receivable modules. This is a required category for VAT environments. Note that a separate set of defaults is defined for each company/location.
COMPANY
Required. Positions 1-3 identify the company for which the defaults will be defined. This company must exist on Reference File category 002.
LOCATION
Required. Positions 4-6 identify the location for which the defaults will be defined. The company/location combination must exist on Reference File category 002.
Detail
RF307S02 - Detail
WILLIAMS COMMON FEATURES 2/01/92
DSP01 REFERENCE FILE CATEGORY 307 CHANGE
Category Name A/R VAT DEFAULTS
CO LOC
Category Key 001CMD
MAX AMOUNT VAT INCL WRITE-OFF VAT CORRECTION
Data 1232111111012 N
NNNNNNNNNNNDD Y
CLEAR SUSPENSION VAT CODE
Data N
Y
Data
F2=Command F3=Exit F9=Inquiry F10=Function Select
F12=Lower Case F15=Rekey Data
This screen allows you to enter default values to be used when processing the company/location indicated on the select screen.
MAXIMUM AMOUNT VAT INCLUDED
Optional. This field only applies in VAT environments when VAT is included in the price of the item. In these situations, the VAT total will not be shown on a separate invoice line as long as the total invoice amount is less than the value in this field. As long at the total is below the limit, the message 'VAT Included' will be printed on the invoice.
WRITE-OFF VAT CORRECTION
Required. This flag indicates whether the system will automatically generate a journal entry to correct the VAT account in case of a write-off. Valid values are:
Y - Yes, reverse VAT associated with the write-off
N - No, do not post a VAT reversal entry
CLEAR SUSPENSION VAT CODE FLAG
Required. If VAT is suspended for a customer, MAC-PAC uses the suspended VAT code defined on the Customer Master File as a default in Order Processing. This flag determines whether that VAT code should be set to blanks when the suspension limit (either the date limit or the amount limit) is reached. For information on what default VAT code will be used if the VAT code is set to blanks, refer to the Common Features User Manual. Valid values for this field are:
Y - Yes, clear the default VAT code
N - No, continue to use the default VAT code on the Customer Master File