Requirements for New Zealand

For customers to use Financials & Supply Management in New Zealand, Infor must meet the various statutory, legal, and cultural requirements of the country.

For general setup requirements, see General configuration of the application for New Zealand.

This list shows the requirements that are specific to New Zealand customers:

  • Accounts receivable and sales
    • Customer statement
    • Legal debtors
    • Direct electronic sales invoicing
    • Sales invoicing
  • Banking
    • Bank account format
    • Bank statement messaging
    • Customer direct debits
    • Credit transfers
    • Bank deposit slip
  • Configuration
    • Currency rounding
  • Fixed assets
    • Depreciation methods
  • Taxation
    • VAT declaration
    • VAT partial
    • Tax ID format
    • Withholding tax processing
    • Tax date
    • VAT refund
    • Customs duty
    • Withholding tax reporting
    • Excise tax
    • VAT reverse charge

Some requirements are met by using Infor Localization Services (LSP) and GEMS (ION). Other requirements are met in the Financials & Supply Management suite.