Changes in German VAT

German government has annouced changes to VAT for the period from July 1, 2020 until Dec. 12, 2020. Therefore, if you have on-going operations in Germany, you should update Infor LN as soon as possible.

“But what do I have to do?” Don’t worry, we are guiding you through the process.

In brief, we have to add for each 19% and for each 7% tax rates two new lines

AND
We have to change the text at the beginning of July before the first invoices are written!

Set up new Tax Code by Validity – Session tcmcs0132m000

This should be performed a.s.a.p


Changing Print – Document Text: Session tcmcs0536m000

This needs to be done before printing the very first invoice of July

No Validity!

In case of any doubt please do not hesitate to contact us at office@merinoservices.com

We are here to help you