<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tc/onlinemanual/000072" xml:lang="en">
   <Header>
      <Title>Sales tax on installments</Title>
      <Keyword type="header" order="d1e1459157">
         <Level1>Installments</Level1>
         <Level2>tax</Level2>
      </Keyword>
   </Header>
   <GeneralSection>
      <Paragraph>If you use a tax
		provider, the tax withheld on sales installments is considered estimated tax.
		The ERP Enterprise tax registers and
		the tax provider tax registers are not updated when estimated tax is
		calculated.</Paragraph>
      <List>
         <ListIntro>The actual tax is recognized and registered as tax when the
		  order is settled. Tax is registered for installment sales orders with</ListIntro>
         <ListItem>Direct settlement
		  invoices: when the goods are shipped and the invoices are generated.</ListItem>
         <ListItem>Indirect settlement
		  invoices: when the order is closed and a final invoice is generated.</ListItem>
      </List>
      <Paragraph>When you close an order
		in the <Link href="/baanerp/td/sls/tdsls4110m000" role="session">Sales Order Installments (tdsls4110m000)</Link> session, ERP Enterprise generates a
		correction entry that includes the tax amount and late payment surcharge due.
		The tax code field is empty.</Paragraph>
   </GeneralSection>
   <RelatedTopics>
      <SectionTitle>Related topics</SectionTitle>
      <RelTopic>
         <Link href="/baanerp/tc/onlinemanual/000069" role="manual">To use a tax provider</Link>
      </RelTopic>
   </RelatedTopics>
</ManualTopic>