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 Financials Setup and Administration Guide.

For ERS invoice creation, see Match User Guide.