VAT Pending Recognition

Form ID: (TX631000)

This report lists the documents that have a value-added tax (VAT) balance pending recognition at the end of the selected financial period. (For details about the recognition of pending VAT, see Applying a Pending VAT: General Information.)

By using this report, you can reconcile the documents that have unrecognized VAT amounts with the balances of the Pending Tax Payable and Pending Tax Claimable accounts.

See the following section for a description of each parameter on the Report Parameters tab of the report form. For more information about using other elements on the report form, see Reports.

Report Parameters

On the Report Parameters tab, you use the following parameters to select the data to be displayed on the report:

  • Report Format: The format, which in this case defines which taxes the report will cover. The following options are available:
    • Output VAT: The report will include documents that are subject to pending VAT of the Output reporting group—that is, VAT that must be reported to a tax agency.
    • Input VAT: The report will include documents that are subject to pending VAT of the Input reporting group—that is, the taxes that can be claimed from a tax agency.
  • Company: The company for which the report will be prepared.

    By default, the current company is selected.

  • Branch: Taxes cannot be filed by branch. This option cannot be used for this report.
  • Financial Period: The tax period that the report should cover. To include all documents with a VAT balance pending recognition, clear this box.

    By default, the period of the current business date is used.

  • Account: The account whose tax amounts pending recognition should be included in the report. Accounts that hold tax amounts pending recognition are those specified for value-added taxes in the Pending Tax Payable Account or Pending Tax Claimable Account box on the GL Accounts tab of the Taxes (TX205000) form. Leave this box blank to view VAT amounts pending recognition for all accounts.
  • Subaccount: The subaccount whose VAT amounts pending recognition should be included in the report. Subaccounts that hold tax amounts pending recognition are those specified for value-added taxes in the Pending Tax Payable Subaccount or Pending Tax Claimable Subaccount box on the GL Accounts tab of the Taxes form. Leave this box blank to view VAT amounts pending recognition for all subaccounts.

    This box is available only if the Subaccounts feature is enabled on the Enable/Disable Features form.