tctax domains

If the address is not matching, an error message is printed on the report. However, if the tax number is valid, tax number is considered as verified.

If the address is not matching, an error message is printed on the report. Consequently, if the tax number is valid, tax number is considered as verified. However, even if the tax number is valid, tax number is considered as not verified and Invoicing Allowed is set to No and the Information Only check box is selected in the Tax Numbers by Business Partner (tctax4100m000) session, for that business partner.

The tax is calculated based on the individual invoice lines.

The amount of all invoice lines with the same tax code are consolidated, and based on this amount the tax amount is calculated.

Select this option for transactions involving goods that are free of charge, and for which only the tax amount can be claimed. The customer invoice will then only reflect the tax amount.

Select this option for transactions involving goods that are free of charge, and for which the tax amount cannot be claimed. Depending on the Free of Charge setting in the Invoicing Parameters (cisli0100m000) session, there will be no invoice at all, or a zero value invoice.

Select this option to create separate invoices for net and tax amounts.

An order line with the Tax on Separate Invoice option allows you to specify tax invoice data. In the Billable Lines (cisli8110m000) session, on the appropriate menu, select the Tax Invoice Data command to start the Billable Line Satellites (cisli8112m000) session. In this session, you can specify the tax currency and the currency rates to convert the tax base amount in order currency to the tax base amount in tax currency.

When invoicing the billable line, this will result in two invoices - a net invoice and a tax only invoice. The tax invoice will be created based on the data specified in Tax Invoice Data.

The tax system is based on value added tax and the tax details can be found with the standard method.

The tax system is based on VAT and the tax details for a transaction can be found based on the data defined in the Tax Exceptions by Country (tctax1100m000) session. If no tax code and country can be found in the defined exceptions, LN uses the standard method.

The tax system is based on VAT and the tax details for a transaction can be found based on the data defined in the Tax Exceptions by Country Set (tctax1101m000) sessions. If no tax code and country can be found in the defined exceptions, LN uses the standard method.

Destination sales tax applies.

The tax system is based on destination sales tax and tax exemptions are defined in the Tax Exceptions by Country (tctax1100m000) session. If no exempt tax code can be found in the defined exceptions, LN uses the destination sales tax method.

The tax system is based on destination sales tax and tax exemptions are defined in the Tax Exceptions by Country Set (tctax1101m000) session. If no exempt tax code can be found in the defined exceptions, LN uses the destination sales tax method.

The tax method is not relevant.

The tax system is based on value added tax and the tax details can be found with the standard method.

Destination sales tax applies.

The tax system is based on VAT and the tax details for a transaction can be found based on the data defined in the Tax Exceptions by Country (tctax1100m000) or the Tax Exceptions by Country Set (tctax1101m000) sessions. If no tax code and country can be found in the defined exceptions, LN uses the standard method.

Indicates that the tax method is not relevant in a particular field.

A method to specify the exempt tax codes for various order types for a country. For orders for which you select the Tax Exempt check box in the order header, LN uses the exempt tax code.

A method to set up tax exemption for specific business partners or orders with specific order details. You can specify the tax exemption certificates and the exempt reason. If you use the Extended method, LN determines whether the exempt tax code applies to an order.

The tax exempt level is not relevant.

Scheme base is set to Service, when:

• item is not involved, for example, project installments, landed cost, freight and so on, OR
• the item is undergoing service, for example, service order, maintenance sales order and so on, OR
• the sales order or purchase order is related to a service item

The scheme base is set to Goods for all sales and purchase transactions related to inventory items, such as, sale of goods using sales order, sales schedule, contract deliverables, part receipt and part delivery, purchase of goods.