Purchase Invoice
The NTCA regulation require registration of incoming invoice delivery date, and to use exchange rate valid on delivery date, also the tax period must be calculated by this delivery date. In transaction maintenance and tax analysis local tax number is used, when tax country of Business Partner is Hungary.
To ensure proper registration of incoming invoice, posting, VAT calculation, local Tax number is necessary to handle in standard LN purchase invoice maintenance.
These changes are required:
- Delivery Date – Use Infor LN Tax Date field
- Tax Period – This is the period, which includes tax date
- Exchange Rate – in standard currency system, the rate determiner is only used to switch to manually entered rates. In transaction entry session, the Rate Determiner field shows Document Date by default. If you want to overwrite the defaulted rate, set the rate determiner to Manually Entered and enter the correct exchange rate valid on the delivery date.