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Lookup Type: TRANSACTION_CLASS

Product: JL - Latin America Localizations
Meaning: Transaction Class
Description: Transaction Class
Quick Codes
Code Meaning Description
DEFAULT Default Default
EXCLUDED-COMMISSIONS Excluded Commisions Commissions not subject to VAT
EXCLUDED-GOODS Excluded Goods Sale of goods not subject to VAT
EXCLUDED-LEASINGS Excluded Leasings Leasings not subject to VAT
EXCLUDED-PROF. FEE Excluded Professional Fees Professional services not subject to VAT
EXCLUDED-SERVICE Excluded Services General services not subject to VAT
T-COMMERCIALIZATION Commercialization-T-COMMERCIALIZATION Commercialization
T-CONSUME Consume-T-CONSUME Consume
T-DEFAULT Default-T-DEFAULT Default
T-GOODS Standard Taxable Goods Standard Taxable Goods
T-GOODS-NO TO Standard Taxable Goods No Turnover Perception Standard Taxable Goods No Turnover Perception
T-INDUSTRIALIZATION Industrialization-T-INDUSTRIALIZATION Industrialization
T-SERVICE Service-T-SERVICE Service
T-SERVICES Standard Taxable Services Standard Taxable Services
T-SERVICES-NO TO Standard Taxable Services No Turnover Perception Standard Taxable Services No Turnover Perception
TAXABLE-COMMISSIONS Taxable Commissions Commissions subject to VAT
TAXABLE-GOODS Taxable Goods Sale of goods subject to VAT
TAXABLE-LEASINGS Taxable Leasings Leasings subject to VAT
TAXABLE-PROF. FEES Taxable Professional Fees Professional services subject to VAT
TAXABLE-SERVICES Taxable Services General services subject to VAT