VAT ON CASH

In Portugal, all companies that have anannual sales volume less than 500,000 euros have the option to
register for the VAT on Cash facility. A company that has registered for the VAT on Cash facility has
theprivilege to defer the payment of VAT to the tax authorities until they receive payments from their
customers,.
The new VAT on Cash facility is not applicable in the following cases:
- Import, export and related activities
- Intra-community Transfers and acquisitions of goods
- Intra-community transaction services
- Transactions in which the purchaser is liable to tax
- Transactions in which taxpayers have special relations

COUNTRY-SPECIFIC SETTINGS IN
CUSTOMER MASTER
In Portugal, all companies that have an annual sales volume less than 500,000 euros have the option to
register for the VAT on Cash facility. If a company's customer has registered for the VAT on Cash facility,
this information should be recorded in the SAP system to enable the following:

Reporting of details of incoming customer payments in the Payments section of the output SAF-T in
XML format. To do this, use RSAFT_PT_XML.

Printing of payment receipts for these customers once they make the payment. To do this, use
FIEUAR_VAT_RECEIPT.

For country-version Portugal, you can activate the VAT on Cash function for your customer by choosing
the VAT on Cash (Portugal) pushbutton on the customer master screen. In the tab page that the system
displays, you can do the following:

Activate the VAT on Cash functionality for a customer

Specify the period for which the VAT on Cash functionality is valid for the customer

REPORT
DOCUMENTATION(FIEUAR_VAT_RECEIPT)
Use
You use this report to generate payment receipts for incoming customer payments. The payment receipts
are issued to customers once they make their payments.
The report can only be used in the following scenarios:

When the company has activated VAT on Cash for all its customers

When any of the company's customers has activated VAT on Cash

Prerequisite
Ensure that you have made the following settings:

If your company has registered for VAT on Cash and wants to print payment receipts for all its
customer payments, ensure that the VAT on Cash Indicator is activated for your company. You
do this in Customizing for Financial Accounting (New) under Financial Accounting Global Settings
-> Enter Global Parameters. Choose the Additional Data push button and set the VAT on Cash
indicator as X.

If one of more of your company's customers have registered for VAT on Cash, you need to print
receipt vouchers for these customers. To enable the report to do this, select VAT on Cash
indicator for these customers by choosing the VAT on Cash (Portugal) pushbutton on the
customer master screen.

.
Selection
On the selection screen, specify the following:

Company code

Fiscal year

Posting date

Payment document no

You can also specify customer number as an additional parameter to restrict the display. If you want to
reprint that payment receipts that were already issued to a customer, select the Reprint Payment
Documentscheckbox after specifying the relevant parameters.
Output
The system prints or reprints payment documents (receipt vouchers) based on your selection.