Configuring vendor records for tax interface

Use Vendor Setup and Vendor Ship From Setup to setup your vendors and any tax-specific information.

When you set up vendor records that use foreign currency, ensure you correctly select the currency in General-Settings, and that this setting matches the foreign currency settings in SA Currency Setup.

If you use AvaTax, or Sovos GTD, or Vertex Cloud, for accounts payable processing, you must set up taxing in Vendor or Vendor ShipFrom records. The fields displayed vary depending upon the Tax Method you have selected in SA Company Setup.

  1. Select Vendor > Setup > Vendor.
  2. In the General view, specify the address for each record. Your Country code must meet the 2-character ISO 3166 standard.
  3. If your company has a Tax Method of Value Added Tax (VAT), in the Ordering view, in the Intrastat section, specify the Terms of Delivery.
  4. In the Discount section, indicate whether the terms discount is to be calculated on the Gross invoice amount, the taxes are included in the terms discount calculation, or Net, the taxes are excluded from the terms discount calculation. If you select Net, specify whether to Include Addons in terms discount calculations.
  5. In the Taxing view, select the taxability: Taxable or Non Taxable.
  6. If your company has a Tax Method of Value Added Tax (VAT), in the Taxing view, specify whether the vendor is Registered for VAT, Unregistered, or is Foreign and based outside the country.
  7. If your company has a Tax Method of Value Added Tax (VAT), in the Taxing view, specify the vendor's VAT Registration number.
  8. If your company has a Tax Method of Value Added Tax (VAT), in the Taxing view, verify the vendor’s terms are defined as well; the Include Terms in Settlement Tax setting will apply the vendor’s terms percentage against the estimated taxes calculated on an invoice.
  9. Click Save.