We have a group of suppliers that have taxable items and non-taxable items. How can we deal with this in IFS?
We are using tax structures. Can we use the bottom part (highlighted in yellow) to specify the distinction between taxable and non-taxable?
Do I need to make a tax structure specific for each of my suppliers where I need taxable and non-taxable items?
Any comments, pointers, suggestions are welcome.
Hi,
Typically, when we process a supplier invoice where different tax situations exist on the same invoice, the supplier invoice entry would include two or more invoice lines.
For example total invoice is 225. This represents 100 no tax (tax situation 1) and also 100 with 25 tax (tax situation 2).
The middle section of the invoice would have two lines 100 no tax and 100 with tax.
Quick example
In doing this you will probably need to manually match any PO lines to the related invoice lines.
The posting lines would also be linked to the invoice lines 1, and 2.
I don’ see how the tax class can do the above example.
Best regards,
Thank you, it worked perfectly!
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