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Topic

    Ganesan Jammalamadugu
    Add Zero Rate to the Intercompany Payables Invoice
    Topic posted June 24, 2019 by Ganesan JammalamaduguGreen Ribbon: 100+ Points, tagged Intercompany, Payables, Setup / Administration 
    74 Views, 1 Comment
    Title:
    Add Zero Rate to the Intercompany Payables Invoice
    Summary:
    Need to add Zero Tax Rate to the I/C Payables Invoice
    Content:

    Hi,

    We need to write Tax Rules to create put Zero / Exempt Rate on the Intercompany Invoices. We need some assistance on writing the Tax Determination Factor Set, as the Factor Class "Transaction Generic Classification" has only 2 Values "Transaction Type" and "Transaction Business Category". 

    And since the Payables Intercompany invoices are Standard Transactions types, we are limited with the option to identify a Transaction as Intercompany as opposed to Receivables (where the transaction type will be Intercompany). 

    We identified 2 Columns as Source and Line level Business Category for identifying, however we could not translate that as a Determining Factor. Please help us in identifying the factors that can be used to create a rule to identify I/C transaction for Payables.

     

    Thanks,

     

    Comment

     

    • Stefan Zuidema

      Hi Genesan,

      Transaction Business Category should to the trick for Accounts Payable. 

      So the Determining factor class would look like:

      Transaction generic classification > Transaction Business Category > Equal to > INTERCOMPANY_TRANSACTIONS

      If needed you could include more factor classes to narrow down your results. 

      Let me know if you've any questions.

      Regards,

      Stefan