Sales tax on installments

If you use a tax provider, the tax withheld on sales installments is considered estimated tax. The LN tax registers and the tax provider tax registers are not updated when estimated tax is calculated.

The actual tax is recognized and registered as tax when the order is settled. Tax is registered for installment sales orders with

• Direct settlement invoices: when the goods are shipped and the invoices are generated.
• Indirect settlement invoices: when the order is closed and a final invoice is generated.

When you close an order in the VK-Teilrechnungsaufträge (tdsls4110m000) session, LN generates a correction entry that includes the tax amount and late payment surcharge due. The tax code field is empty.