Activity code > Module Common Data > Activity Code TPT (Payment terms with sales tax) 

This activity code is used to define payment terms with a different distribution percentage for the ex-tax amount and the VAT.

  • If this code is active, a %VAT column appears in addition to the % Open item column. In this case, two percentages must be entered for each open item.
    When prepayments are generated, the calculation is based on the ex-tax amount if, in the payment terms, the %VAT of the first line of the payment term has the value: 0.
     
  • If this code is not active, only the % Open item column appears; the distribution percentage is then implicitly the same for the ex tax amount and for the VAT.
    When prepayments are generated, the calculation is based on the tax incl. amount of the order.

Recommended values

Functions concerned

The following functions are impacted by the activity code  :

 Sales > Orders > Prepayment management