<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/difffp3/tc/onlinemanual/000010Diff61FP3" xml:lang="en">
   <Header>
      <Title>Balancing tax accounts</Title>
      <Keyword type="header" order="d1e218342">
         <Level1>Differences Infor ERP LN 6.1 FP3</Level1>
         <Level2>Interim tax accounts</Level2>
      </Keyword>
   </Header>
   <GeneralSection>
      <Paragraph>Differences between Infor ERP LN 6.1 FP2 and Infor ERP LN 6.1 FP3.</Paragraph>
   </GeneralSection>
   <GeneralSection>
      <SectionTitle>Infor ERP LN 6.1 FP2</SectionTitle>
      <Paragraph>In Infor ERP LN 6.1 FP2, the individual tax accounts are balanced through one interim tax
		payment account, regardless of whether the balance is positive or
		negative.</Paragraph>
   </GeneralSection>
   <GeneralSection>
      <SectionTitle>Infor ERP LN 6.1 FP3</SectionTitle>
      <List>
         <ListIntro>In Infor ERP LN 6.1 FP3, to meet legal requirements in Portugal, the following
		  functionality is implemented:</ListIntro>
         <ListItem>You can use an additional interim tax balancing account.</ListItem>
         <ListItem>Two separate interim tax ledger accounts are available to
		  distinguish tax payable and tax recoverable.</ListItem>
      </List>
      <List>
         <ListIntro>To support the new interim tax accounts, the following fields
		  are added to the <GUIRef href="/baanerp/tf/gld/tfgld1620m000" role="session">Tax Declaration Master (tfgld1620m000)</GUIRef> session:</ListIntro>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/gld/tfgld1620m000#tfgld120.leac" role="manual">Interim Tax Payment Account</GUIRef>
         </ListItemHead>
         <ListItem>If the net VAT amount of the declaration is less than zero, ERP Enterprise uses the <GUIRef href="/baanerp/tf/gld/tfgld1620m000#tfgld120.leac" role="manual">Interim Tax Payment Account</GUIRef>.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/gld/tfgld1620m000#tfgld120.rlac" role="manual">Interim Tax Recoverable Account</GUIRef>
         </ListItemHead>
         <ListItem>If the net VAT amount of the declaration is greater than or
		  equal to zero, ERP Enterprise uses
		  the <GUIRef href="/baanerp/tf/gld/tfgld1620m000#tfgld120.rlac" role="manual">Interim Tax Recoverable Account</GUIRef>.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/gld/tfgld1620m000#tfgld120.ubal" role="manual">Use Tax Balancing Account</GUIRef>
         </ListItemHead>
         <ListItem>To use an additional tax balancing account, select this check
		  box.</ListItem>
         <ListItemHead>
            <GUIRef href="/baanerp/tf/gld/tfgld1620m000#tfgld120.tlac" role="manual">Tax Balancing Account</GUIRef>
         </ListItemHead>
         <ListItem>If you select the <GUIRef href="/baanerp/tf/gld/tfgld1620m000#tfgld120.ubal" role="manual">Use Tax Balancing Account</GUIRef> check box, this field must contain the
		  additional tax balancing account.</ListItem>
      </List>
   </GeneralSection>
   <RelatedTopics>
      <SectionTitle>Related topics</SectionTitle>
      <RelTopic>
         <Link href="/baanerp/tc/onlinemanual/000448" role="manual">Value added tax (VAT) postings</Link>
      </RelTopic>
   </RelatedTopics>
</ManualTopic>