Tax (Single & Dual Tax)

Invoice Processing supports single and dual tax systems. The tax rates and rules are derived from the configured tax-code setup. The system imports tax amounts from the invoice and creates tax distributions by using the applicable tax-code configuration.

  • Tax systems and tax codes are configured in CSI.
  • The applicable Tax Code contains an A/P Tax Account.
  • The Review Center displays the tax-system breakdown for non-PO and related distribution accounts before approval.