Deferred Tax Reverse Charge question (RFUMSV50)

[RobertoAnselmi]

Hi Guys,

We are configuring the deferred tax report (RFUMSV50) for reverse charges tax codes and have some doubts about what we are getting.

The customizing was done based in 1800344 and 2011533.

Tax code P1 Target P2

Tax Code P1 (V Input Tax) ** this is the deferred tax **

XESA -10% <00201633 - Deferred Tax Account 1>

XESE 10% <00120433 - Deferred Tax Account 2>

Tax Code P2 (V Input Tax) ** This is the target tax code assigned to P1 **

XESE 10% <00120403 - Tax Actual Account which must receive the XESE Deferred tax using UMSV50>

Tax Code P3 (A Output Tax)

XESA 10% <00201603 -Tax Actual Account which must receive the XESA Deferred tax using UMSV50>

The accounts were assigned through the FTXP

Once running the UMSV50, I got the document moving from 120433 to 120403 which is correct, but the other line (XESA) is not being posted. Indeed in the UMSV appears as “VIRTUAL”.

My questions are:

Can you kindly explain me what is known as virtual payment in this report? I was trying to find an explanation without success.

How can I get the final post moving the XESA-201633 to XESA-201601? Is there something I am missing or something I am understanding incorrectly?

Regards,

Roberto

[Lakshmipathi]

Can you kindly explain me what is known as virtual payment in this report?

Please look at OSS note 1800344 where 2 cases are explained.