Self-billing-AP
Self-billing is an agreement between a vendor and a customer whereby the customer prepares the vendor’s invoice and sends a copy to the vendor with the payment. Both customer and vendor must be VAT registered.
Saudi Arabia specifics
When certain conditions are met, the customer, instead of the supplier, can issue a tax invoice for a supply of goods or services. In these cases, the supplier remains liable for reporting the output VAT payable on the supply.
A self-billed tax invoice can only be issued in lieu of a taxable supply by a taxable person in case the supplier and customer entered into a specific self-billing agreement. GAZT must be notified in accordance with the specified procedure.
How Infor meets the requirement
For setup information, see the Financials Setup and Administration Guide.
For information about processing ERS invoice creation, see the Payables User Guide.