VAT triangulation
VAT triangulation is applicable when three companies are involved in a single transaction, and they are in different EU countries.
For example, a Spanish company with a Spanish VAT registration sells goods to a German customer, but the Spanish company must buy the goods from a French vendor before it is shipped directly to the German customer. Simplified triangulation permits the French vendor to issue a sales invoice to the Spanish company with its VAT number on it. VAT is not charged because this is a regular intra-community dispatch of goods. The German customer becomes responsible for recording the arrival of goods into Germany as an intra-community supply, shifting the reporting requirement from the Spanish company. The Spanish company includes the acquisition and dispatch in its own VAT reporting.
Brazil specifics
The triangular sale is a process where the seller sends two fiscal documents (NF-e) to the buyer, one is the invoice and the other one is to deliver the goods. This scenario happens when the customer wants to receive the goods at an address different from the billing address.
The fiscal documents for Brazil are the NF-e Invoice and the NF Shipment. The NF-e Invoice is sent to the head office that is responsible for account payments. The NF Shipment is sent to the branch or customer delivery address.
How Infor meets the requirement
See Enabling invoice and VAT triangulation.
For information about customer orders, see the Item And Order Billing User Guide.
For information about purchase order requests, see the Purchasing User Guide.
For information about creating match invoices, see the Match User Guide.