Tax Only Invoice - Recoverable — Cloud Customer Connect
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Tax Only Invoice - Recoverable

The tax determination process applies the tax rate on a taxable basis. The default taxable basis formula assigned to the tax is used for tax calculation. This is usually the line amount.

However, for a Tax Only Invoice, there is no line amount, the tax is non-recoverable, hence the tax rate setup needs to have a non-recoverable account code combination defined. The tax non-recoverable tax account is derived from the Tax expense account.

Is there any way to have the Tax Only Invoice as a tax recoverable?

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