## (HUN) Understanding Country-Specific Functionality for Hungary

This chapter provides an overview of Hungary-specific setup and processes that you use in addition to the standard setup and processes provided in the base software.

### Hungary-Specific Setup and Processes

This table lists the country-specific setup and functionality for Hungary.

Setup or Process | Description
UDCs (user-defined codes) | Setting up Hungary-specific UDCs enables you to use Hungary-specific functionality. You also set up some base software UDCs with Hungary-specific values. Set up UDCs for: Value-added tax (VAT) and European Union (EU) reports. See Setting Up UDCs for VAT and EU Reports. Fixed asset reports. See Setting Up UDCs for Fixed Asset Reports. Legal documents. See Setting Up UDCs to Number Legal Documents. International payment instructions (IPI). See Setting Up UDCs for International Payment Instructions. Financial statement reports. See Setting Up UDCs for Financial Statement Reports. European companies. See Setting Up UDCs for European Companies.
Next numbers | Set up next numbers for: Hungarian VAT reports. See Setting Up Next Numbers for Hungarian VAT Reports. Legal documents. See Setting Up Next Numbers for Legal Documents.
Invoice processing | Invoice processing in Hungary includes the printing of invoices, correction invoices, reversing invoices, and credit and debit notes. To work with invoice processing in Hungary: Set up UDCs. See Setting Up UDCs to Number Legal Documents. Set up legal numbering. See Setting Up Next Numbers for Legal Documents. Set processing options that the system uses in conjunction with the Print Invoices program (R42565) for invoices. Set processing options that the system uses in conjunction with the Sales Order Entry (P4210) for credit and debit notes. See (HUN) Working with Invoices and Other Legal Documents for Hungary. In addition to standard invoice processing, you can print invoices with an attached International Payment Instructions (IPI). To print these invoices and attachments: Set up UDCs for IPIs. See Setting Up UDCs for International Payment Instructions. Print invoices with attached IPIs. See Printing Invoices with an Attached International Payment Instruction.
Value-added tax (VAT) and other European Union (EU) reports | To report VAT and generate other EU reports: Set up UDCs. See Setting Up UDCs for VAT and EU Reports. Set up relationships between the tax rate/area used in a voucher and a tax summary code. See Setting Up Tax Summary Information. Set up certificate number and effective dates for companies that exempt from VAT. See Setting Up Effective Dates for EU Tax ID Certificates. Populate the Hungarian VAT table See Generating the VAT Declaration Report. Run these reports: Hungarian VAT Declaration (R74H1003). Hungarian VAT (R74H1007). Hungarian EU Sales Report (R74H1051). Setting Processing Options for Hungarian EU Transaction Summary Report (R74H1052). See Generating the Hungarian VAT Report. See Generating the Hungarian EU Reports.
Financial statement reports | To setup and generate financial statement reports: Set up UDCs, cost centers, account groups, and report layouts. See (ESP, CZE and HUN) Setting Up Accounts and Layouts for Financial Statement Reports. Generate trial balance and other financial reports. See (HUN) Generating Financial Reports for Hungary.
Fixed asset reports | To set up and print fixed asset reports: Set up UDCs. See Setting Up UDCs for Fixed Asset Reports. Set up columns. See Setting Up Columns for Fixed Asset Reports. Print the Accumulated Depreciation Asset Movement and the Asset Movement Schedule reports. See (HUN) Printing Fixed Asset Reports for Hungary.