Customers are used to working with VAT Return ACR reports to fulfill legal requirements. Until now, it was only possible to create these documents from FI data, but from now on reports can contain both FI and FICA data in the output.
At the end of this blog, you can find the table with delivered VAT Return reports enabled for FICA with specifications (report definition, delivery specification, and SAP note number) for the countries we cover so far.
See more about the Advanced Compliance Reports for Belgium in this video.
VAT Return output can now contain a combination of FI documents created in the FI module and FI documents posted from FICA. In case you work with FI and FICA on the same system, analytics of the report was enhanced with the possibility to view detailed FICA information.
VAT Return report output can contain a combination of data coming from FI documents and FI documents posted from FICA. Cumulated documents in the report output can be analyzed in detail. The existing Document Number field represents both FI documents posted from FI and FI documents posted from FICA. We can distinguish them by the Reference Document Type field (FKKSU for FI documents posted from FICA). Reconciliation Key field is also filled for FI documents posted from FICA.
Analyze Data “Navigate To” functionality enhancement.
We also provided new functionality where the detailed information of FICA data can be seen in analyze data section of VAT Return reports. Right-clicking on the selected document the customer can be navigated to the detail of document reconciliation.
For a detailed view of FICA data specifically, right-click on the desired Document Number or Reconciliation Key. Via “Navigate to” select Itemization for G/L Documents, where detailed information of the reconciliation can be viewed. You can see all the steps in the pictures below.
“Navigate to” via Document Number
“Navigate to“ via Reconciliation Key
Delivered VAT Return Reports Enabled for FICA:
|Country||Report Definition||SAP Note||Cloud Since||OP 1909||OP 2020|
Additional relevant SAP notes:
SAP Note 2978559 – Navigation from Reconciliation Key to Itemization for G/L documents (FPG5 transaction) is available in the S/4HANA Cloud since 2011.