Generate VAT Debit Adjustments

Form ID: (AP504500)

On this form, you can view the list of documents that were paid in full within the cash discount period and to which the system has applied a value-added tax (VAT) reduced based on cash discounts. For these taxes, on the Taxes (TX205000) form, VAT has been selected in the Tax Type box and Reduce Taxable Amount on Early Payment has been selected in the Cash Discount box. For details, see VAT for Early Payments: General Information

You can generate debit adjustments for the documents you select or for all listed documents. When you generate the debit adjustments, the system releases them, applies the cash discount amounts to the appropriate documents, and closes the documents.

Form Toolbar

The form toolbar includes standard and form-specific buttons and commands. For the list of standard buttons, see Form Toolbar and More Menu. The form-specific commands are listed in the following table.


Button	Description
Process	Initiates the process of generating debit adjustments for the documents you have selected in the table.
Process All	Initiates the process of generating debit adjustments for all listed documents.

Selection Area

In the Selection area, you can select the ending date, branch, and vendor for which you want to view the unprocessed documents to be shown in the table below. You can also select the date and financial period to which you want to post debit adjustments and indicate whether you want to consolidate debit adjustments.


Element	Description
Date	The payment date through which you want to view documents. By default, the current business date is selected.
Branch	The branch for which you want to view documents. By default, the company branch to which you are signed in is specified. This box is available only if the Multibranch Support feature is enabled on the Enable/Disable Features (CS100000) form.
Vendor	The vendor whose documents you want to view. You can leave this box empty to view the documents of all vendors. The list of values is limited as follows: If a branch is selected in the Branch box, a vendor is listed (and available for selection) if the Restrict Visibility To box on the Financial tab of the Vendors (AP303000) form is empty or contains this branch or the company of this branch. If the Branch box is empty, a vendor is listed (and available for selection) if one of the following is true: The Restrict Visibility To box is empty for the vendor—that is, the vendor’s visibility is not restricted. A branch or company is specified in the Restrict Visibility To box for the vendor, and your user account is assigned to the role specified in the Access Role box of the Configuration Settings section of one of the following: the Branch Details tab of the Branches (CS102000) form for the branch, or the Company Details tab of the Companies (CS101500) form for the company. Note: These visibility restrictions are applicable only if the Customer and Vendor Visibility Restriction feature is enabled on the Enable/Disable Features (CS100000) form.
Consolidate Debit Adjustments by Vendor	A check box that indicates (if selected) that one debit adjustment will be generated for multiple documents grouped by branch, vendor, vendor location, currency, AP account (and AP subaccount, if applicable), and tax zone. The check box is cleared by default. With this check box cleared, a separate debit adjustment will be generated for each document.
Debit Adjustment Date	The date to be used as the date of the debit adjustments generated. By default, the current business date is selected. This option is available and required if the Consolidate Debit Adjustments by Vendor check box is selected on this form.
Fin. Period	The financial period to which the generated debit adjustments should be posted. By default, it is the period of the current business date. This option is available and required if the Consolidate Debit Adjustments by Vendor check box is selected on this form.

Table

This table contains the list of documents for which early payments were made and that match any selection criteria you have specified.

Table 1. Table Columns
Column	Description
Included	An unlabeled check box that you select to include this document for processing.
Branch	The branch to which the document in the row relates. This column is available only if the Multibranch Support feature is enabled on the Enable/Disable Features (CS100000) form.
Vendor	The vendor specified in the document of this row.
Document Type	The type of the document in this row.
Reference Nbr.	The number that identifies the document in the system.
Doc. Date	The document date.
Currency	The currency of the document.
Amount	The total document amount.
Cash Discount	The amount of the cash discount applied to the document, which has been specified in the Cash Discount Taken box of the Payments and Applications (AR302000) form.
Credit Terms	The credit terms specified for the document.
Payment Reference Nbr.	The number that identifies the related payment in the system.