Peru
Peru is now available as a country in LN.
These features are supported:
- Electronic sales invoices in the Electronic Sales Invoices (lpper0121m000) session.
- Electronic delivery notes in the Electronic Delivery Notes (lpper0125m000) session.
- Withholding tax handling.
- Detraction tax handling.
- Trade note division per direct debit advice.
- Legal reports.
Withholding tax handling
When a purchase invoice is paid, a certain percentage can be withheld. The tax code that is used in the purchase invoice determines if the withholding is applicable. The tax code must be for withholding income tax on payments.
The withholdings are generated when payment transactions are created in the Bank Transaction (tfcmg2500m000) session. A document with the withholdings can be printed in the Tax Voucher (lpper0480m000) session and sent to the supplier.
Detraction tax handling
When a purchase invoice is created in the Purchase Invoice Entry (tfacp2600m000) session, the obligation to withhold is also created. The tax code that is used determines if a detraction is applicable. These tax codes are specified in the Tax Codes with Detraction (lpper0129m000) session.
The detraction amount must be transferred to the supplier’s national bank account in the Invoices with Detraction (lpper0131m000) session.