Invoice modulesTax tables: Overview
Note that this information applies to the fields used with invoice profiles (more information). Fields are also used when preparing document specifications (more information).
Some countries have different tax rates for different things, and companies paying an invoice need to know how much tax they are paying and at what rates. Tax tables contain that information, often in table format.
Example from a French invoice:
Example of a tax table on another invoice (with the corresponding field type):
| ( |
( |
( |
( |
| 100 | 10 | 10 | 110 |
| 1000 | 20 | 200 | 1200 |
| 500 | 10 | 50 | 550 |
Functionally, both tax tables and bank account tables contain line items. However, they are handled somewhat differently and are therefore described separately.
Depending on which and are selected when you create the invoice profile, the profile may contain a suitable tax table by default.
Otherwise, to extract tax information like this, you must add a table field profile. Select
Using the Invoice Manager module, define each column in the tax table as its own tax field profile.
After optimization, you verify tax data just as you would verify other line items.
The system an extract multiple tax rates and tax amounts using advanced business logic. This allows the system to check and validate the tax rates to ensure that the information is correct. See Multiple tax rate handling for details.
Note
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Tax tables can only be found on the first page of the invoice.
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You can only extract data from one tax table (
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If the tax information is not in table format, as it is in the example above, you can still use a table field profile. The Invoice Verify operator will have to manually enter the correct data. Otherwise, especially in countries where only one tax rate is used, the tax information is best extracted using single item fields.