Tax registration in a foreign country

New in Infor LN FP3

In Infor LN FP3, tax registration in foreign countries is supported.

If taxes for an order must be reported in another country than for which the sales office or purchase office is administratively responsible, LN uses a financial department for reporting tax in the foreign country. This applies if the tax country on the order line differs from the country that is linked to the sales/purchase office's financial company.

The new Financial Department field enables you to process financial transactions for an order in another financial company than the financial company of the sales/purchase office.

The financial department that you can select depends on the order line's tax country and the sales office's/purchase office's financial company.

The Financial Department field is added to the following sessions:

  • Sales Quotations (tdsls1500m000)
  • Sales Quotation - Lines (tdsls1600m000)
  • Sales Quotation History (tdsls1550m000)
  • Sales Orders (tdsls4100m000)
  • Sales Order - Lines (tdsls4100m900)
  • Sales Order History (tdsls4550m000)
  • Commissions Calculated by Order (tdcms0150s000)
  • Commissions Calculated by Relation (tdcms1150s000)
  • Rebates Calculated by Order (tdcms2150s000)
  • Rebates Calculated by Relation (tdcms3150s000)
  • Commission/Rebates History (tdcms1560s000)
  • Purchase Orders (tdpur4100m000)
  • Purchase Order - Lines (tdpur4100m900)
  • Purchase Order History (tdpur4550m000)

In addition, the new Tax Classification field is added to the header sessions and lines sessions of all order origins in Order Management. With a tax classification, you can group business partners that have the same tax aspects for your company.

Tax classification:

  • Is part of the tax exception functionality, so for each tax classification you can specify the required tax data.
  • Enables LN to correctly default a Tax Code on the lines.

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