Free of Charge Classification

Automatic AR FOC Classification

John Paul Gilmartin avatar
Written by John Paul Gilmartin
Updated over a week ago

If a free of charge good is deemed taxable, the customer is charged the tax as if the goods were sold. The standard domestic rate is used to calculate the tax which is recorded as a manual tax entry.

Digital Stamp Check

The Invoice total is greater than 77.47 euros and the total tax is zero.

A zero-value misc. charge is added to the invoice “BOLL”

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