Recording tax information
|
|
|
|
This tab enables you to record tax to the prepayment voucher and process the same.
Note: Line # '0' means - document level Tax & Line # '1', '2' or so means line level tax.
Enter the following fields in the multiline:
|
Line # |
The number identifying the row in which the part, tax, charge or discount is available in the invoice. |
|
Tax Code |
The code identifying the tax code. Date entry in this field is Mandatory for a specified line item Help facility available |
Note that T/C/D of type Tax is applicable only for Sundry Payment Voucher
The system displays the following fields in the multiline:
|
Variant # |
The code identifying the tax, charge or discount variant. The T/C/D #-Variant # combination must be unique. Date entry in this field is mandatory if a tax code is specified. This a display only field. The value gets displayed in Variant Filed based on the tax code selected. Note that the Tax Code - Variant number combination exists and is unique |
|
Description |
Any additional information of the variant. |
|
Tax Rate |
Indicates the tax rate that is applicable for the given tax code. |
Enter the following fields in the multiline:
|
Taxable Amount |
Indicates taxable amount at line leve/doc levell. Data entry in this field is mandatory if value already exists for Tax at line or document level. Note: To enable modification to the Taxable Amount the option setting Allow Modification of Taxable Amount’ in the ‘Set Financial Process’ activity of the ‘OU Parameter’ business component has to be set as ‘Yes’. |
|
Tax Amount |
The tax rate applied on the taxable amount. |
The system displays the following fields in the multiline:
|
Tax Amt. in Base Curr. |
Indicates tax in base currency based on the exchange rate. |
|
Doc. Currency |
The currency of the document. Note: The currency entered in this field is similar to the voucher currency or base currency. Ensure that if the tax currency is other than Base Currency then the tax amount gets converted into base currency on click of compute. |
|
Cost Center |
The cost center that is associated with the account. Data entry in this field is mandatory if the tax account code is of nature 'Revenue' or 'Expense' and has a mapping to atleast one Cost Center through Cost Element Ensure that the value entered in this field is a valid cost center that is mapped to the tax code. |
|
Analysis # |
The analysis code that is associated with the account. Ensure that the value entered in this field is a valid Analysis code |
|
SubAnalysis # |
The sub analysis code that is associated with the analysis code. Ensure that the value entered in this field is a valid SubAnalysis code |
|
Reference Information |
The reference information in the format: Line/Reference Type/Ref Doc #/Doc Pay Amt/Currency/Remarks |
|
Remarks |
User defined field indicating any observations regarding tax information |
Select the "Reference Information" tab page to record order level details of the prepayment invoice.
