New functionality for issued VAT exemption agreements
Type 6-'VAT exemption agreement - Issued' has been added in 'VAT Exception. Open' (TXS020) to support tax exemption on purchase and supplier invoices.
The Italian country specific functionality for VAT exemption agreement cannot be used in parallel with this functionality.
Supplier invoices imported via 'FIM Interface. Open' (GLS850) are not supported.
Internal invoices created in 'Internal Invoice. Create' (MFS100) are not supported.
The following invoice batch types are not supported for invoices entered in 'Supplier Invoice Batch. Open' (APS450):
05-'Prepayment'
06-'Final invoice'
10-'Selfbillling'
15-'Supplier invoice request'
50-'Supplier claim'
51-'Supplier claim request'
52-'Supplier claim request'.
Invoices entered in (APS450) must be handled manually if the invoice is connected to an exemption agreement, and there is a VAT line on the invoice. An error message is displayed. The reason for this is that it is not possible to automatically decide if the invoice is correct.
Credit request transactions type 2-'Supplier claim request' in 'Credit request transaction. Open' (APS390) are not supported.
Exemption agreement amount is not updated when changing the amount on a purchase order charge, and the exemption agreement is defined using &PUNO as the object.
When invoice matching on aggregated invoice lines (for example, style), the exemption agreement amount is deducted, and the VAT code is replaced. But if the aggregated line amount exceeds the remaining agreement amount, the VAT code is set to blank on the aggregated line. The VAT code from the agreement is only updated on the included detailed lines with an amount less than the remaining amount on the agreement. The detailed line amount is added to the accumulated invoiced amount.
Example:
Exemption agreement with VAT code 98 and remaining amount 800.
Aggregated line with amount 1000 where VAT code is set to blank.
- Detailed line 1 with VAT code 34 amount 300. VAT code is replaced with 98 and detailed line amount is added to the accumulated invoiced amount.
- Detailed line 2 with VAT code 34 amount 400. VAT code is replaced with 98 and detailed line amount is added to the accumulated invoiced amount.
- Detailed line 3 with VAT code 34 amount 300. VAT code is not replaced, and detailed line amount is not added to the accumulated invoiced amount.
In this scenario, it is not recommended to change the VAT code on the aggregated line since that will not be reflected on the accumulated invoiced amount. The same limitation exists when &PUNO is used as the object and there is more than one purchase order connected to the aggregated line.