Down Payments

The program automatically transfers taxes on all down payments that contain deferred tax codes. No invoice is required.

Online Generation or Batch Input

Depending on your settings on the selection screen, the program either generates the tax transfer documents online, or generates a batch input session, which you must then process.

Number of Documents Generated

How many documents the program generates depends on your Customizing settings. For example, it can generate one tax transfer document for each customer invoice and each vendor invoice; the advantage of this method is that you can easily trace which invoice and payment the tax transfer document is related to (see below).

Alternatively, if you have multiple invoices from a customer, the program can generate one document for each deferred tax code only (across all customers or vendors). This method requires fewer accounting documents than the first and saves database space. Note, however, that in this case splitting characteristics are not derived from the invoice documents. This could lead to an error in case document splitting is activated in new General Ledger Accounting.

If an invoice contains deferred tax items that have different tax conditions - for example, in Mexico, for VAT and IEPS - the program generates separate tax transfer documents for each condition.

References to Invoices and Payments

Assuming that the program generates one tax transfer document for each invoice, it stores the invoice number in the tax transfer document header, in the Reference Document Number field. It also stores the payment document number in the transferred tax item, in the Assignment Number field.

Canceled or Reversed Payments

If you canceled a payment or you reversed a payment document using negative posting sign, the program generates the tax transfer document with negative posting signs as well.