Tax Point Basis Determination on Transactions

The tax determination process uses the type of transaction to adjust the tax point basis assigned by your tax configuration.

The following table illustrates how the type of transaction determines the tax point basis:

Original Tax Point Basis	Transaction	Adjusted Tax Point Basis	Reason
Delivery	Unmatched payables transactions: Standard invoice Debit memo Credit memo Prepayment Payables transactions matched to a purchase order: Standard invoice Debit memo Credit memo Prepayment Receivables transactions: Invoice Debit memo Credit memo	Invoice	Delivery is not a valid event for these transactions.
Delivery	Debit memo to correct a matched invoice Receivables credit memo for an invoice	Invoice	Invoice date reflects the date the new debit memo or credit memo adjusts the tax amount.
Delivery	Goods receipt	Invoice	Delivery-based taxes that are self-assessed use the invoice date for better visibility and compliance.
One of the following: Delivery Invoice Payment	Adjustment on receivables invoice Tax on miscellaneous cash receipt	Accounting	Tax point basis of invoice, delivery or payment is not applicable.