VAT Return 

Use

You use this report to prepare the following VAT returns:

·        A1 (input VAT)

·        B1 (output VAT)

You prepare and file each of these reports once a month. At the end of each year, you prepare the same reports, but for the whole of the year.

To access the report, on the SAP Easy Access screen, choose Accounting ® Financial Accounting ® General Ledger ® Reporting ® Tax Reports ® Mexico ® VAT Return.

Prerequisites

You have:

·        Made the settings described in Customizing for VAT Returns

·        Transferred deferred taxes to normal tax accounts

·        Calculated the prorate factor (factor prorateo), using form C1

You enter this factor, which the program uses to calculate the amount of input VAT you can offset.

Features

Selection

In the Selection Criteria group box, you specify which company code and which period you want to create the VAT return for.

In the VAT Return group box, you specify whether you want to prepare the return for input VAT (form A1) or output VAT (form B1).

Output

The report shows an ALV list with the VAT returns in the required format. You can print out the VAT returns from the screen and file them with the tax authorities.