WS: FIN: How the System Calculates GST/PST and Non-recoverable VAT
(Doc ID 654521.1)
Last updated on DECEMBER 17, 2019
JD Edwards World Accounts Receivable - Version A7.3 cume 4 and later JD Edwards World Accounts Payable - Version A7.3 cume 4 and later Information in this document applies to any platform.
To describe how the JD Edwards World system calculates non-recoverable VAT (value added tax) for tax explanation codes V, B and C. For comparison purposes, each example uses a tax rate area that excludes and includes non-recoverable VAT tax.
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