Data setup for export sales order

In an export process, taxes are not charged to the customer and therefore the tax type Shifted must be used. As the taxes (if applicable) must be reported in the tax invoice and the exchange rate for FOB (taxable) value calculation can be different from sales exchange rate, the Tax on Separate Invoice can be used. An individual series can be defined for this separate invoice.

Data Setup

This data must be setup to process the export sales orders:
  • The Exports Exchange Rate Type must be defined in the India Financial Parameters (lpind0100m000) session that is used for FOB/Taxable Value calculation. If this value is not maintained, Infor LN uses the sales exchange rate type for calculation.
  • The Tax Type of Shifted and Tax Scenario must be set to Tax on Separate Invoice in the Tax Codes by Country (tcmcs0636m000) session. Use a singular tax code on the Aggregated Tax tab and set the Amount Origin to Customs Value for the amount tax line.
  • Link the export tax code for the Kind of Transaction of Export in the Tax Handling (tctax0135m000) session.
  • Maintain separate series for sales invoice and tax invoice in the Invoicing Parameters (cisli0100m000) session. Define separate series codes for Tax on Separate Invoice - Net and Tax on Separate Invoice - Tax fields in the Invoicing Transaction Types (cisli0101m000) session.
  • Define default apportioning methods for each kind of shipment charge in the Shipment Charges Apportion Methods (lpind1107m000) session. These are used to apportion the shipment charges to the shipment lines when the shipment is automatically confirmed.