Creating Intercompany Tax Code Mappings

ERP Cloud

Before creating an intercompany tax code mapping, ensure that the Intercompany Transfer feature is enabled in Feature Console. For more information, see Enabling the Intercompany Transfer Feature.

To create an intercompany tax code mapping:

  1. Go to Intercompany Tax Code Mappings and click New.
  2. In the Source Company Country field, select a tax country code.
    Tip: See the VAT Information section on the company record page.
  3. In the Source Country Tax Code, enter a tax code.
  4. In the Destination Company Country field, select a country code.
  5. In the Destination Country Tax Code, enter a tax code.
  6. Click Save.

The tax code mapping is now created. To action this mapping you must select the Charge Intercompany Tax checkbox on the corresponding source intercompany definition. For more information, see Creating Intercompany Definitions.

Note: It is mandatory to create tax code mappings before using a tax code on any source company document. This includes when the source and destination company are the same country.

Datastream

In order to make it easier for you to set up your org, the following sample template can be imported using Datastream:

  • Intercompany Tax Codes

To use this functionality, you must download the Intercompany Definitions and Tax Codes Mappings Templates Excel (XLSX) file (Download), and have Datastream installed and configured. For more in formation, see Datastream Overview.