New Zealand tax laws require the address of the customer being invoiced as a legal requirement.

Australian Tax Laws require the customer’s address to be present in the invoice to be able to claim the GST of the transaction.

Indonesia is one of the countries that is exempted from baseline date ruling. It means that delayed invoice reception rule will not apply.

Japan is one of the countries that is exempted from baseline date ruling. It means that delayed invoice reception rule will not apply.

In Korea, what is the default payment terms for transactions/vendors related to customs/import duty?

In Pakistan, one of the pre-requisites for deferral is that the gross amount should be above the threshold of….?

In Vietnam, documents that cannot be rejected in SAP business workplace or payment block A cannot be manually set and are usually pending for business approval or compliance approval (W), baseline date should be adjusted 1 year from the original baseline date.

In Philippines, the delayed invoice reception rule of plus 5 days on invoice date baseline date whenever the receipt date of invoice exceed 14 days from date of invoice does not apply to foreign invoice posting.

In Malaysia, reference number includes: I. Alphanumeric II. Special Characters III. Spaces

In Singapore, Proforma Invoices are legally acceptable but only for….

Which of the following is not a business place of Thailand?

For Indonesia, if there is no invoice number stated on the invoice, Back Office should use the PO number as invoice number except for doctor, speaker and moderator’s fee on which invoice date is used. (E.g. DDMMYYYY)

In Japan, for barcodes with summary invoice and invoice at the same time, S2P-PI Back office should use the summary invoice as reference for invoice number and document date

S1. Korea is one of the countries that is exempted from baseline date ruling. S2. In Korea, VAT and Customs Duty Reimbursement are valid claims for posting. It is to be noted that only VAT and Custom duty charges should be posted and paid. Other charges such as Customs Clearance fee should be disregarded as it has been previously posted and paid already.

In Malaysia, one of the foreign trade regulations taken by national banks to control foreign payment transactions is that banks are obliged to report foreign payments (i.e., payments to banks abroad or in a foreign currency) including the business reason for the payment. To facilitate this, you can use the State Central Bank (SCB) indicator in your SAP system to identify payments to be reported to a national bank. The SCB indicator also indicates the business reason for the payments.

In Pakistan, this document is issued by Accounting Platform to the vendors as a result of Local Tax Department’s review of Sales Tax Withholding deductions made on a certain period and posted as an invoice.

In Singapore, all invoices with IDR currency requires purpose code to avoid payment rejection. The purpose code to be used in the posting will be provided by the business.

In Thailand, following statements are true except

Position of the stamp/seal in the invoice is based on the following rules except:

In performing quality check, FO needs to verify the payment method used in the posting (check (Z) or wire transfer (+)). In case that the payment is to be made via check, FO is required to check the House bank set in the posting level.

In New Zealand, for invoices without invoice date stated, the stamp date can be used as the invoice date.

Sataement I. In Australia, if the invoice billed to BAL (0157) or BCS (1335) is subject to the local standard tax rate of the foreign vendor and it is related to services, it must be sent back to vendor for invoice revision (eliminating the GST). Statement II. In Australia, if the invoice is referring to goods and was purchased in the foreign vendor’s country, the invoice is acceptable for processing and the tax code to be used would be V0. No need for invoice revision.