E1: WS: 03: 42: 43: 73: Sales Update Separate GL Class Code in Vertex Constants (P7306) for use with DMAAI 4250 Tax Liability Account for Sales & VAT Tax for American / Canadian GeoCodes - R42800/ P42800
(Doc ID 2779004.1)
Last updated on JUNE 22, 2023
Applies to:
JD Edwards EnterpriseOne Sales Order Processing - Version 9.2 and laterJD Edwards World Sales Order Management - Version A9.4 and later
Information in this document applies to any platform.
Symptoms
The G/L Offset in the Vertex Tax System Constants (P7306) determines the G/L class code that will be used on Distribution/Manufacturing DMAAI for Sales Tax (DMAAI 4250), the tax liability account. If you leave this field blank, the system uses G/L Offset TXTX as a default g/l offset. The taxes are written as one lump sum.
The GeoCode has embedded information for Vertex and knows if it is sales or VAT tax based on the GeoCode value. For example, GeoCodes for Canada require VAT tax write to the 4250 DMAAI but the information is split apart into VAT tax info in Vertex.
Cause
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In this Document
| Symptoms |
| Cause |
| Solution |
| References |