app. Run compliance reports Italy GL Reporting

[a1yomghy]

Dear all,

On what condition can we have an amount inserted in app. "Run Advanced Compliance Reports - Italy GL Reporting" with a report name IT_VAT_DCL,

- select a due later report

- select Prepare VAT Declaration

- select the Generated Successfully report

- click on Italy VAT declaration link

- we whish we would have ann amount appeariing in column "CreditoAnnoPrecendete", but there is none :

Should we use app. Post Tax Payables and create a JE on previsous year booking ?

Kind regards,

Guillaume

[Batista · Accepted solution]

Hi

sharing what I know for Italy.

1) In case INPUT tax amount is higher than the OUTPUT tax amount for a certain month:

Don’t have to pay any VAT for that month, and the difference is carried forward to the next month (to be deducted from the total amount of that month)

2) in case OUTPUT tax amount is higher than the INPUT tax amount for the month you have to pay the difference and use app Post tax payable

if you see the Scope Item J58 Italy and if you run the Advance VAT return, it is expected that the following pop up is displayed in the option 1 above and in order to have the correct updated amount to be carried forward you have to click on yes button.

So can you check if by recreating a situation as in 1 you have the reporting showing value?

[a1yomghy · Accepted solution]

Dear Sandra,

The company was recently created in the system and we need to manually add a data in CreditoAnnoPrecendete".

I mean that we do not want the amount to be calculated but we need to manually insert it.

Any idea ?

Kind regards,

GB