Answer
Nov 18, 2016 - 04:38 AM
If the firm is submitting a LEDES 1998B invoice file they will need to designate an Expense Line item as the tax amount by entering the word V.A.T. in the line item narrative field. If they are using a LEDES 1998BI invoice file they can use the designated tax fields to submit their tax amounts. If more than one tax type is needed, the firm can use the Invoice Level Adjustment field to populate the tax amount, crediting back the line item value necessary to post the correct tax amoung.
