Enter Tax Lines

Explanation

The Enter Tax Lines activity is used to enter tax lines if you want to use more than one tax code per invoice line. This applies for all companies and is used in companies using Sales Tax Regime and also for companies using VAT and Mixed Tax Regimes, where more than one tax code is connected to the invoice line.

For your company's delivery addresses, you can also specify default tax codes for each supplier. This information is used to create tax lines automatically when an invoice is saved, provided that the invoice has not been matched to a purchase order or that check box Automatic Creation of Default Tax Lines in Enterprise/Supplier/Invoice has not been cleared. When matching an invoice to a purchase order, any tax lines defined for the matched purchase order lines will be transferred to the first invoice line.

Tax lines can be updated as long as the invoice is in the Preliminary status.

Prerequisites

The IFS/Enterprise/Company/Address/Tax Code tab must contain information if tax lines are to be automatically created for each line of an invoice.

System Effects

As a result of this activity, a detailed tax specification for each invoice line is entered, and the summarized tax amount is calculated and displayed for each invoice line. If a multiple tax code with Surcharge VAT is fetched, only the VAT part of the multiple tax code is displayed in the invoice line and surcharge VAT is not calculated. The total tax amount of the invoice is displayed in the header. 

Window

Manual Supplier Invoice

Related Window Descriptions

Manual Supplier Invoice

Procedure

  1. Open Manual Supplier Invoice window.
  2. Query for an invoice, or enter a new one.
  3. In the Line Information section, select an invoice line.
  4. Right-click and then click Tax Lines. The Tax Lines window appears.
  5. Review any tax lines that were created automatically based on the tax codes associated with the delivery address ID for the company as specified on the invoice. Tax lines could also have been transferred from purchase order lines that have been matched to the invoice. These tax lines will appear when the matching has been performed and the invoice has been saved.
  6. Add, change, or delete tax lines as necessary.
  7. Save your changes.