Configure Ecuadorian purchase payment methods printing

This article explains how to configure the Ecuadorian purchase payment methods report so that it can be printed. This report shows the purchase code, its payments, and the transactions amount.

Prerequisites

Before you can generate and print the report, the following prerequisites must be met:

• The legal entity's address must be in a country/region that is within the LATAM localization.
• Both the country/region-specific LATAM feature and the general LATAM feature must be enabled.
• You must download the relevant report from the Global repository. Learn more in Download ER configurations from the Global repository of Configuration service.
• You must configure the Electronic reporting (ER) parameters. Learn more in Configure the Electronic reporting (ER) framework.
• You must post vendor invoices for the relevant period. Learn more in Purchase invoice posting for Latin America.
• You must post vendor payments. Learn more in Use the LATAM extension in vendor payments journals.

Additional configuration required for Ecuadorian Purchases payment methods report:

• You must create and use a Tax Application code for this report. For more information, see Tax application for Latin America article.
• You must configure Payment method as specified by the regulation in the field master list 7. For more information, see [Field list configuration for Latin America] (ltm-core-field-master-lists.md)
• You must configure the Payment method code in the field master list 7 of the document class used as specified by the regulation. For more information, see Field list configuration for Latin America article.

Configure application-specific parameters

Lookups and conditions are designed so that you can select the combination of document classification IDs and sales tax codes that is used in the transactions. Depending on the country/region that you want to configure the report for, the applicable conditions are shown.

To configure application-specific parameters, follow these steps.

1. Open the Electronic Reporting workspace, and select Reporting configurations.
2. Select the EC Purchases Payment Methods format, and then, on the Action Pane, on the Configurations tab, in the Application specific parameters group, select Setup.
3. On the Lookups FastTab, in the Name column, select IsApplicable.
4. On the Conditions FastTab, select Add.
5. In the Lookup result field, select Yes.
6. In the Document Classification Id field, select a document class that represents vendor tax withholdings.
7. Repeat steps 5 and 6 to add as many more Lookups result fields as you need.

Note

EC Purchases Payment Methods is a format that depends on the LTM Tax Report model. Therefore, it's important that document classes are registered for the transactions. The document classes that you select here must match the document classes that are registered in the transactions. To ensure that the report shows the transactions that meet the configured conditions, complete the Lookup result field as Not Applicable or No with blank and non-blank conditions.

Run the purchase payment methods report

To generate the purchase payment methods report, follow these steps.

1. Go to Tax > Inquiries and reports > LATAM > Tax reporting.
2. In the Format mapping field, select EC Purchases Payment Methods.
3. Select OK.
4. In Parameters, complete the Tax application Id code created for this report.
5. In the From date and To date fields, enter the date range to include on the report.
6. Select OK.