Is it possible to apply a tax that is amount based?
Hi.
Our fiscal legislation requires that we apply a 1% Tax on our Receivables Invoices for a specific transaction type and specific group of customers, all of which already have a fiscal classification indicating that are candidates to be taxed. Besides the classification, the invoice amount must be greater or equal than $100.00 for the tax to be applied. Is there a way to do this in EBTax?
We tried this with a custom procedure that validates the invoices when they are in the Auto Invoice Lines, then we create the invoices using the ar_invoice_api_pub.create_single_invoice API. The invoices are created OK, but for those invoices, the COGS Recognition does not work afterwards, so we need to do this via Auto Invoice, so we can have all of the invoices recognized.