What's new in Customer Journeys?

Connect and learn more! ×
Transaction Business Category in AP Invoice lines — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Transaction Business Category in AP Invoice lines

Received Response
edited Mar 12, 2021 3:22PM in Payables, Payments & Cash Management 5 comments


Transaction Business Category not always populated for AP Invoices


When we create manual AP invoices, Transaction Business Category is always populated as "Purchase Transactions" .
But when invoices are imported through Invoice interfaces, this is not always populated. We do not provide any value for field Transaction Business Category in APInvoiceLinesInterface CSV file.

Impact: We have tax rules based on value of Transaction Business Category. As it is null for EU suppliers, standard GB VAT for 20% is applied and not the expected 0%. We've to manually update the value for Transaction Business Category as "Purchase Transactions" in invoice lines and re-calculate the tax. Then proper tax rate is applied.

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!