Free Type Field, Payment Method Table
Specifies the payment type for a free invoice. The options include Total Amt. and Only VAT Amt.
Additional Information
A free invoice is typically used when products that are produced and sold by your company are given as a gift to a customer or employee. Italy has specific legislation about how gifts that a company gives to their customers or employees should be recorded.
The legislation gives a company two choices. You can post a free invoice that covers the full amount including VAT, or you can post an invoice for the VAT amount only.
Tip
For more information on how to work with fields and columns, see Work with Data. For assistance in finding specific pages, see Search.
Parent Tables
| Table | Location |
|---|---|
| Payment Method Table | Sales and Receivables |
| Payment Method Table | Purchases and Payables |
See Also
Other Resources
How to: Set Up Payment Methods
Set Up VAT
How to: Record VAT