Exchange Rate / Local VAT Amount

These fields do not have automatic extraction.

If one or both of these fields is required for VAT compliance checking, the Validation Activity user must provide values manually.

The VAT compliance check is activated in the Settings > Invoice Processing > Capture Profiles > Tax Settings > Tax Configuration tab. If activated then the exchange rate or VAT amount in local currency must be entered if VAT is being charged in a currency that is not the local currency of the country where the VAT is levied.

The system converts any extracted value for VAT amount to a valid amount using a period as the decimal separator.

The exchange rate is the value that ensures the same tax amount is charged in the local currency.

During export, only the exchange rate is passed downstream.