| Tax registration in a foreign country - general
rulesFor tax registration in a foreign country, the following rules
apply: - A financial company is the smallest entity that can have a
unique tax number. For every tax registration in a foreign
country, you must define a financial company.
- If you do not set up tax registration in a foreign country, the
financial department of an order is the same department as the administrative
department.
- LN only displays the financial department on the order headers if the
administrative department and the financial department of the order differ.
- You can only change the financial department on an order header
or order line manually.
- For the sender's address on external documents such as invoices
and communications to customers and suppliers, LN prints the address
of the administrative department.
- The financial postings of an order or invoice are made in the
financial company that has a tax number in the tax country of the order.
- You cannot change the tax country of an order if financial
postings exist in the financial company of the current financial department.
- For the integration transaction mapping, the administrative
department of orders and invoices is available as integration element. In the
financial company of the tax country, you can use this integration element to
distinguish the integration transactions by administrative department.
- The details of order-related and invoice-related financial
integration transactions include the financial department.
- LN does not automatically generate financial transactions between the financial
companies of the administrative department and the financial department of an
order. If such transactions are required, you must create manual journal
vouchers.
- For goods transfer, LN bases the generation of internal invoices
between, for example, the warehouse and the sales office, on the goods transfer
relationship between the warehouse and the financial
department of the order.
- To generate correct Intrastat declaration and sales listing data, the financial company with a tax
number in a foreign tax country must have an address in the foreign tax
country.
- If your organization's legal address for matters related to
business in the tax country differs from the address of the financial company
in the tax country, you can enter the legal address in the Financial Departments (tctax4110m000) session.
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