3660108 - Understanding Reporting Type Configuration and Its Impact on South Korea VAT Reporting Entity

Why the invoices are not appearing in certain summary reports as expected, causing confusion in financial reporting?

SAP S/4HANA Cloud Public Edition.

If the reporting type is configured as "Exempt Tax Invoice," then both "Summary of Tax Invoices by Suppliers" and "VAT Base Amount and Tax Amount by Per-Business Unit (Business Place) Taxation" will not include these invoices. However, they will be included in the "Summary of Invoices by Suppliers."

On the other hand, if the reporting type is configured as "Tax Invoice" and the tax rate is 0, the invoices will be excluded from "VAT Base Amount and Tax Amount by Per-Business Unit (Business Place) Taxation." If the tax rate is not 0, they will be included in both reports.

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