Tax Code and Rate Configuration
Infor LN tax codes defined in session tcmcs0131m determine the tax rate, calculation method, and GL posting behavior for each transaction type. Tax codes support single-rate, multi-rate (split tax), and compound tax calculations. The tax exception table (tcmcs0136m) handles special cases like zero-rated supplies, exempt transactions, and reverse charge mechanisms used in EU intra-community trading.
- Define tax codes in tcmcs0131m with rate percentages, effective dates, and linked tax accounts for output and input tax posting
- Configure tax exceptions in tcmcs0136m for zero-rated exports, exempt supplies, and reverse charge intra-community scenarios
- Set up country-specific tax parameters in tcmcs0530m controlling calculation method, rounding rules, and return period alignment
- Enable tax determination logic based on business partner tax status, item tax classification, and transaction origin/destination rules
- Configure withholding tax codes for jurisdictions requiring tax deduction at source such as TDS in India or WHT in Southeast Asia
Tax Determination and Transaction Processing
Infor LN determines the applicable tax treatment for each transaction based on a multi-factor matrix considering the selling entity's registration, the buyer's tax status, the item's tax classification, and the delivery origin and destination. Session tcmcs0137m defines the tax determination matrix, ensuring that identical items are taxed differently when sold domestically versus exported or when supplied to registered versus unregistered business partners.
- Configure tax determination matrices in tcmcs0137m using origin country, destination country, item tax group, and BP tax status
- Set up tax registration numbers per company and per country in tccom4500m for proper tax authority identification
- Enable multi-jurisdictional tax calculation for countries with state, county, and city-level tax layering such as US sales tax
- Configure Intrastat reporting parameters for EU member states requiring statistical declarations of intra-community goods movements
Tax Reporting and Return Generation
Infor LN generates periodic tax returns through session tfacr0170m, aggregating input and output tax transactions into the required reporting format per jurisdiction. The tax reporting framework supports EU VAT returns, GST BAS in Australia, Goods and Services Tax returns in India, and US multi-state sales tax filings. Automated return generation reduces compliance risk and eliminates the manual spreadsheet reconciliation that typically delays tax filing.
- Generate periodic VAT and GST returns through tfacr0170m with automatic aggregation of input and output tax transactions
- Configure SAF-T (Standard Audit File for Tax) generation for jurisdictions requiring digital tax audit compliance
- Set up tax reconciliation reports comparing tax register entries to GL balances to identify discrepancies before filing
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Infor LN BOD Publishing Sessions and Nouns Reference
Searchable map of the BOD nouns Infor LN 10.x publishes to ION, the initial load session for each (tcbod0200m000, tdbod0200m000, whbod0200m000 and more) and the setup sessions around them.
Ensure global tax compliance in your Infor LN environment—request a tax configuration audit from Netray.