VAT partial

For certain products or services, only part of the VAT that is charged on purchase invoice is reclaimable.

How Infor meets this requirement

Only a portion of the VAT that is charged on the purchase invoice is reclaimable. Create a tax table with two tax codes. One tax code to configure the portion that is reclaimable and another one for VAT that is non-reclaimable. The percentage for each of the tax codes must also be defined.

See the Tax User Guide.