Relations by Tax Position (tfgld0121m000)
Use this session to add the tax codes that correspond with each box on the tax declaration, to the tax position. For each tax code, you can specify selection criteria and other tax details.
Field Information
- Tax Position
- Description
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The name of the box on the tax declaration form. For example, Intracommunity Supplies or Shifted Tax on Services.
- Line
-
The line number that LN generates for each tax code.
- Relations by Country Group
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If this check box is selected, you can define the relations by tax position for all countries of a country group at once in the Relations by Tax Position (tfgld0121m000) details session.
If this check box is cleared, you must define the relations by tax position separately for each country in the Relations by Tax Position (tfgld0121m000) details session.
- Country Group
-
If you define the tax declaration for a country set, this field displays the country set.
- Country
-
The country for which you define the tax declaration.
- Code
-
The tax code that contributes to the tax amount for the box.
The tax code and the country together define the tax rate.
- Sequence Number
-
For a multiple tax code the sequence number determines the tax rate.
- Description
-
The field description.
- Tax Adjustment Type
-
The reasons for VAT corrections. The default value is All.
Allowed values
- Bad Debt Relief
-
The company claims the paid output tax paid for bad debts, or adjustments to Input Tax are made if the amount specified on the supplier invoice is not paid.
- Bad Debt Recovery
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Bad debt relief is claimed, and a company pays (part of) an invoice to the supplier.
- Payment Discount
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The invoice is paid and the discount is deducted, based on country specific regulations.
- Payment Difference
-
An invoice is paid, and a certain amount is written off as a payment difference.
- Late Payment Surcharge
-
The invoice is paid, and the late payment surcharge amount is deducted from the payment.
- All Corrections
- Not Applicable
- All
Note:- This value is set to Payment Discount or Late Payment Surcharge or Payment Difference, if the Transaction Category is Cash.
- This value is set to Bad Debt Relief or Bad Debt Recovery, if the Transaction Category is Journal Vouchers.
- Type
-
The tax type defines the type of transaction.
The tax type can be:
- Sales
- Purchase
- Transaction
-
The type of tax transaction can be:
- All
- Advance payment
- Advance receipt
- Other
- Transaction Type
-
The tax type can be:
- Normal
- Contra for shift Tax
- VAT Status
-
The status of the tax line, which can be Paid or Interim on Receipt/Payment.
- Specific Category
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If this check box is selected, you can select a transaction category. This enables you to specify a selection of transaction categories for the lines that must be included in the tax analysis.
- Transaction Category
- Amount Type
-
Indicates whether the line shows the net transaction amount or the tax amount.
The amount type is used when the tax position is printed.
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For Net Amount, these fields are specified:
- Net Amount
- Net Amount in HC
- Tax Base Amount
- Tax Base Amount in HC
-
For Tax Amount, these fields are specified:
- Tax Amount
- Tax Amount in Home Currency
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