Expensed tax

The tax amounts on the invoice are considered as costs, when an expensed tax code is applicable to an invoice. Infor LN posts the tax amount to the same account and dimensions to which the transaction is posted.

You must set up expensed tax codes for non-claimable taxes, Example, Central Sales Tax (CST) on purchases.

Complete the following steps to set up tax codes for non-claimable taxes :

  • In the Tax Codes by Country (tcmcs0136s000) session, select the Expense Purchase Tax check box.
  • In the ACP Parameters (tfacp0100s000) session, clear the North American Purchase Expensed Tax check box.

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