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Sep 25, 2020 at 06:47 AM

SD Invoice for Tax Reporting

70 Views Last edit Sep 24, 2020 at 08:05 PM 2 rev

Hi Experts,

I have a question regarding SD Invoice, Tax Reporting and Accounting. Our process looks as follows: We sell parts from Europe to Africa. The applied Incoterm DAP means that the transfer of risk is in Africa. Usually our GI is equal to transfer of risk (EXW) and the released SD Invoice triggers our FI postings in accordance to the accounting standards. Besides that the output tax is 0, local tax authority requires to report the total amount of revenue with beginning of transportation. Due to the fact, that our tax reporting is linked to the FI posting we get in trouble with DAP because there is no accounting document available directly after GI. Is there any chance to derive the revenue for tax reporting out of the SD Invoice and not from tax code out of the FI revenue posting? I have no clue to solve it without interim/special postings.

Many thanks in advance!