How to run the EMEA VAT: Selection Process With 1 Ledger And 2 Legal Entities (Doc ID 1567534.1)

Last updated on JUNE 22, 2022

Applies to:

Goal

You are running the following scenario:

There are 2 ledgers
1. Primary functional currency USD
2. Secondary functional currency USD
3. Secondary functional currency EUR

There are 2 Legal Entities
1. US
2. Europe

Requirements:
- Need to report VAT by Legal Entity
- Need to report VAT in EUR

When running the EMEA VAT: Selection Process you need to run:
1. first legal entity
a. Reporting Level – Legal Entity
b. Ledger - Secondary Functional Currency EUR
c. Legal entity (Tax registration number) - US

2. Second legal entity
a. Reporting Level – Legal Entity
b. ledger - Secondary Functional Currency EUR
c. Legal Entity (Tax registration number) - Europe

The result is that in run 1 you get all data (so also for the second legal entity) and in the
second run there is no data found.

How to handle this scenario?

Solution

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