Financial Departments (tctax4110m000)

Use this session to indicate, for a financial company, the related financial companies and their accounting departments in foreign tax countries.

You must do this for the financial companies that are linked to enterprise units which contain sales offices, purchase offices, and/or service departments that can create transactions which are taxable in foreign countries.

If your organization's legal address for matters related to business in the tax country differs from the financial company's address in the tax country, you can enter the legal address.

Field Information

Financial Company

The financial company of the sales offices, purchase offices, and/or service departments.

Tax Country

The foreign country in which your organization has a tax ID.

Operational Company

The operational company of the sales offices, purchase offices, and/or service departments.

Financial Department

The accounting office of the financial company that has a tax ID in the tax country.

Legal Address

The address that LN prints on all legal documents, such as the order acknowledgement and the invoice.

If your organization's legal address for matters related to business in the tax country differs from the financial company's address in the tax country, you can enter the legal address.

If you leave this field empty, by default, LN uses the address defined for the financial company of the financial department in the Implemented Software Components (tccom0100s000) session.