Setting Up Supplier Information for Japan
Access the Address Book Revision Japan form.
- Bank Transfer Type
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Specify the type of bank transfer. You define bank transfer types in the Bank Transfer Type UDC (75/TT). Values are:
E: Express bank transfer with bank charge.
L: Letter bank transfer with bank charge.
7: Express bank transfer without bank charge.
8: Letter bank transfer without bank charge.
- Payment Terms
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Enter the code that the system uses as a default payment term to calculate a maturity date when you create draft payments.
- Withholding Tax Category
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Enter a tax category code that determines the withholding tax amount charged on professional services.
- Draft Ratio
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Enter the percentage of the hankin hante payment that is split to a draft payment by Japan's automatic split (hankin hante) process. This number is expressed as a whole decimal. For example, 20 percent would be expressed as .2000.