Overview of Tax Processing for Fiscal Document Capture

In Brazil, a fiscal document is generated for every sale or shipment involving goods or services. The supplier creates this document, gets it validated by the tax authority and sends it to the customer.

It is generated as an XML file or as a physical document and provides complete details of the transaction along with applicable taxes.

You can use the fiscal document capture feature to support processing of fiscal documents received from suppliers. The documents can be received either manually or in an XML format.

You can use fiscal document capture to support the processing of fiscal documents received from suppliers or third parties. You can enter the documents either manually or import them. Several validations are performed like comparison with source documents, verification of taxes against the tax setup, confirmation of goods received, and so on. After the validations, the corresponding receipts and Payables invoice are automatically created on the basis of the information from the fiscal document.

Complementary fiscal documents, which are used to record corrections in quantity, price, or taxes are also handled by fiscal document capture. Similarly, freight fiscal documents covering freight charges against multiple deliveries are also supported.