Tax calculation on Maintenance Sales Quote
The amounts specified for the Maintenance Sales Quote are transferred to Invoicing for tax calculation, which is based on the bill produced. A late payment surcharge must be levied on the amount which is not received on time. The tax must be paid for this late payment surcharge and Infor LN must calculate and print this surcharge.
Tax Defaulting on a Maintenance Sales Order Coverage Line
- If a coverage line is linked to a Maintenance Sales Quote, the tax related fields (Tax Classification and VAT Based On) in the Maintenance Sales Order - Coverage Lines (tsmsc1120m000) session are defaulted from the Quotes (tsepp1100m000) session.
- If the Cost Type field is set to Quote Invoice in the Maintenance Sales Order - Coverage Lines (tsmsc1120m000) session, the tax related fields (Tax Classification and VAT Based On) in the Maintenance Sales Order - Coverage Lines (tsmsc1120m000) session must be defaulted from the Quotes (tsepp1100m000) session. If a coverage line is linked to a specific cost line in the Quote Cost Lines (tsepp1120m000) session, the tax related fields are defaulted from the linked quote cost line.