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Time Delay
Time Delay
Displayed only in a VAT environment where the Display Time Delay flag on Reference File category 229 (A/P VAT Default) is Yes.
Determines whether VAT for a purchase should be delayed or declared in the current period. Typically, VAT is delayed for purchases of fixed assets. Note that this field applies to the entire open item; VAT for all lines will be declared in the same period. Valid values are:
Y - Yes, delay VAT declaration for this item.
N - No, do not delay declaration.