Tax Adjustment Transactions (lpgen1100m000)
Use this session to create output tax for adjustment order and cycle count order. If this session is accessed from the Adjustment Orders (whinh5120m000) session or Cycle Counting Orders (whinh5100m000) session, the adjustment order lines and cycle counting lines data is imported to this session. However, you can modify the taxable amount, if required. This session also displays the tax adjustment transactions related to gift registration,
Field Information
- Financial Company
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The code of the financial company.
- Description
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The description or name of the code.
- Kind of Tax Transaction
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The type of tax for which the tax code is defined. See: Kind of Tax.
Allowed values
- Deemed Supply - Gift
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Indicates the tax adjustment is for gifts given exceeding the threshold specified by tax authority.
- Deemed Supply - Inventory Adjustments
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Indicates the tax adjustment is for inventory adjustments which are treated as deemed supplies.
- Delayed Invoicing Adjustment
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Indicates the tax adjustment is for billable lines which are not invoiced within the number of days specified by the tax authority.
- Delayed Invoicing Adjustment (Reversal)
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Indicates the tax adjustment reversal for the tax adjustment created for billable lines which are not invoiced within the number of days specified by the tax authority. This reversal is created when invoicing the billable lines.
- Tax Adjustment Number
- Source Company
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The source company to which the tax transaction is linked.
- Source Type
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Indicate the type of transaction.
Allowed values
Source Type
- Source Document Reference
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The code of the reference document.
- Source Document Processed
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If this check box is selected, the gift amount is processed considering the thresholds amount defined for gift.
- Transaction Date
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The date on which the tax transaction is posted.
- Business Partner
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The code of the business partner.
- Name
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The name of the business partner.
- Tax Country
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The tax country.
- Description
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The name of the tax country.
- Tax Code
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The tax code.
- Description
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The description or name of the code.
- Business Partner Tax Country
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The tax country of the business partner.
- Taxable Amount
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The total taxable amount.
- Currency
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The currency in which the taxable amount is calculated.
- Tax Amount
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The total tax amount.
- User
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The code of the user processing the output tax.
- Account
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The ledger account to which the transactions are posted.
- Description
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The description or name of the code.
- Dimensions
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The dimension specified for the ledger account.
- Dimension Description
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The description or name of the code.
- Processed
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If this check box is selected, the gift amount is processed considering the thresholds amount defined for the gift.
- Processing Date
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The date on which the gift amount is processed.
- Batch Number
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The year in which the tax transaction is processed.
- Batch Number
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The batch number.
- Document
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The transaction type.
- Document
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The document number used to identify a transaction.