Companies can integrate Unity with major finance systems, such as Oracle, SAP, NetSuite, Coupa, and others, so that invoices can be sent directly to their Accounts Payable teams for payment.
Value-Added Tax (VAT) & Finance System Integration
Tax codes are implemented only for finance integrations.
When VAT functionality is enabled, the Tax Authorities module is available at Settings > ELM > Tax Authorities. This module is used to set up the rules that govern which tax codes are applied to which tax amounts, according to the appropriate tax authority.
VAT depends on where the vendor performs the work and which country the work is billed from. Based on the tax rates and codes you add, Unity will match the tax amounts on an invoice to the appropriate tax rate. For additional information, review the Tax Authorities guide.
To set up a finance system integration or enable VAT functionality, have a Unity admin at your company contact Support.