InforLN.com LN 10.4 differences training for Infor Ming.le, Infor Cloudsuites and Infor ERP LN. These presentations explain how to use new functionality enhancements in Infor LN 10.4 and other applications within the vertical industry Cloudsuites. There are Cloudsuites for Financials, Aerospace and Defense (A&D), Automotive, Industrial Machining and Equipment and other discrete manufacturing industries. If you still have Baan 4, FourthShift, Microsoft Dynamics GP, SAP R/3 or any other legacy ERP, then you might want to consider Infor LN. We specialize in Baan 4 to LN migrations but can handle upgrades from virtually any manufacturing ERP system to the new Infor CloudSuites. For more information and how-to content, visit http://inforln.com or contact Dan Aldridge, CEO of Performa Apps, at 703.251.4504.

1. 1Copyright © 2014. Infor. All Rights Reserved. www.infor.comCopyright © 2014. Infor. All Rights Reserved. www.infor.com 1
Infor LN 10.4 Tax on Separate Invoice
Enhancements
Rollout training
Campus Course Code: 02_0021040_EEN0473_ELN
July 2014
Ramamurthy Mahesh

2. 2Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Agenda
• Tax on Separate Invoice – Need
• Solution Overview
• Tax on Separate Invoice – Configuration
• Solution Details
• Tax Invoice Data
• Tax on Separate Invoice – Compose Billable Lines
• Tax on Separate Invoice – Printing and Posting
• Demo
• Scenario – Sales Orders Combine

3. 3Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax on Separate Invoice - Need
• Invoice in foreign currency and report tax in local currency.
• Currency rate used for home currency amount conversion can be different from the
currency rate to be used to derive the tax currency amounts.
• Difficult to arrive at the correct tax amounts in the above scenario.

4. 4Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax on Separate Invoice - Configuration
• Tax codes by country ( tcmcs0136s000 ) -
Tax scenario to be set to “Tax on Separate
Invoice”.
• When this tax code is used, tax currency can
be maintained at the time of Billing.
• Separate Net and Tax invoice will be created
during composing.

5. 5Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax on Separate Invoice
Sales Order
Project Installments
Manual Sales
…
With tax on separate invoice tax
code.
Billable Line with Tax Invoice
Data
Tax Invoice data can be
maintained when Billable
Line status = On Hold
Net Invoice With No tax
Amount
Tax Invoice with only tax
amount.
Currency/Rates from Tax
invoice data used.
Reference to each
other
Compose

6. 6Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax on Separate Invoice
Sales Order
Project Installments
Manual Sales
…
With tax on separate invoice tax
code.
Billable Line with Tax Invoice
Data
Tax Invoice data can be
maintained when Billable
Line status = On Hold

7. 7Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax Invoice Data

8. 8Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax Invoice Data

9. 9Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax Invoice Data – Rate to Tax Currency
Option 1
Using specific exchange rate type and rate
date. In this case currency rate will be
fetched from the Currency Rates table.

10. 10Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax Invoice Data – Rate to Tax Currency
Option 2
Direct entry of rate between net invoice
currency and tax currency

11. 11Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax Invoice Data – Rate to Tax Currency
Option 3
Direct entry of tax base amount in tax
currency.

12. 12Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax Invoice Data
Tax base amount in tax currency shown in
this session will be the basis for the tax
amount calculation during invoicing.

13. 13Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax Invoice Data

14. 14Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax on Separate Invoice – Compose Billable Lines
Sales Order
Project Installments
Manual Sales
…
With tax on separate invoice tax
code.
Billable Line with Tax Invoice
Data
Tax Invoice data can be
maintained when Billable
Line status = On Hold
Net Invoice With No tax
Amount
Tax Invoice with only tax
amount.
Currency/Rates from Tax
invoice data used.
Reference to each
other
Compose

15. 15Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax on Separate Invoice – Compose Billable Lines
• Billable Lines with same currencies but different tax invoice currencies will not be
combined.
• Billable Lines with Tax on separate invoice tax code will not be combined with Billable
Lines with normal tax code.
• Real Invoice Number generated for both net and tax invoice.
• Reference between Net and Tax Invoice.
• Invoice date / tax date changes updates both net and tax invoice.
• Undo compose will undo compose both net and tax invoice.
• The invoice document number will be set to deleted in this case.
• A new invoice number will be generated when composing again.

16. 16Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax on Separate Invoice – Printing and Posting
• When printing a net or tax invoice , also the related invoice is printed.
• Information is made available regarding the related net or tax invoice as well as reason
codes for possible customization.
• Undo compose is no longer allowed when one of the net or tax invoice is printed/posted.
• Posting results in two open entries – for net and tax invoice.
• Integration transactions are created only for net invoice.
• Source packages are updated with the net invoice number.

17. 17Copyright © 2014. Infor. All Rights Reserved. www.infor.comCopyright © 2014. Infor. All Rights Reserved. www.infor.com 17
Demo

18. 19Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Scenario – Sales Orders Combine
• Sales Order 1 – USD 1000, tax rate 10 % ( Tax on separate invoice - AUD)
• Sales Order 2 – USD 1000, tax rate 10 % ( Normal Tax code)
• Sales Order 3 – USD 1000, tax rate 10 % ( Tax on separate invoice - AUD)
• 1 USD = 1.1 AUD
• Compose together.

19. 20Copyright © 2014. Infor. All Rights Reserved. www.infor.com
Tax on Separate Invoice - Example
Sales Order Amount Tax Rate
SO 1 USD 1000 10%
SO 2 USD 1000 10%
SO 3 USD 1000 10%
Billable Line Amount
SO 1 USD 1000
SO 2 USD 1000
SO 3 USD 1000
Tax Data Currency Tax Base Tax Amount
SO 1 AUD 1100 110
SO 2 USD 1000 100
SO 3 AUD 1100 110
Invoice Currency Net Tax Total
ACR 1 USD 2000 0 2000
ACR 2 AUD 0 220 220
Invoice Currency Net Tax Total
ACR 3 USD 1000 100 1100

20. 22Copyright © 2014. Infor. All Rights Reserved. www.infor.com