1. Localizations for South Korea
  2. Setting Processing Options for South Korean VAT Reports

Setting Processing Options for South Korean VAT Reports

You use the processing options in the Generic VAT Extraction program (R700001) to specify parameters to process records for the South Korean VAT reports.

See "Setting Processing Options for Generic VAT Extractor Program (R700001)" in the JD Edwards EnterpriseOne Applications Tax Processing Implementation Guide.

Some of the processing options in the Generic VAT Extraction program are required. If you neglect to enter values for processing options that are required, the system prints error messages on the PDF report and does not complete processing. You must correct the errors and rerun the process to generate the Tax Invoice Summary by Supplier and the Tax Invoice Summary by Customer reports.

These processing options are required for South Korean VAT reports:

  • Processing Mode tab

    • 1. Activate Informed taxes register

    • 2. Mode

  • Data Select tab

    • 1. Date From

    • 2. Date To

    Note: For South Korea, the system always uses option 3 (Transaction Date) for the Date Selection processing option, so you do not need to complete that processing option.

  • Fiscal Information tab

    • 1. Company

    • 2. Legal Representative

  • Declaration Information tab

    • 4: Declaration Period

    • 6: Declaration Year

  • Default tab

    2. Report Identification