Use the LegalMonetaryTotal element to model payments that are submitted as the legal record to the Tax Authority. These can be used in conjunctions with the following:

• Line Extensions: Line extensions are specified in the InvoiceLine element. See Invoice Lines.
• Tax Amounts
• Allowances)
• Charges
• Prepaid Payments
• Payable Rounding Amounts
• Payable Amounts

These can be used in conjunction with these other elements to specify the amounts that are used.

These fields are also checked to see if they meet the requirements for that country. For example, in Germany, the following logic is used:

Monetary Total Payable Amount = Legal Monetary Total Tax Inclusive Amount - Legal Monetary Total Prepaid Amount + Legal Monetary Total Payable Rounding Amount - sum of Prepaid Payment Paid Amount

Restrictions

• You need to ensure that the totals here are correct.
• Only the amounts specified in the LegalMonetaryTotal element are submitted to Tax Authorities. If there is a discrepancy between the amounts in the LegalMonetaryTotal element and the others like AllowanceCharge, the totals in the LegalMonetaryTotal element are used.

Elements

Example

    <cac:LegalMonetaryTotal>
      <cbc:LineExtensionAmount currencyID="EUR">8870</cbc:LineExtensionAmount>
      <cbc:TaxExclusiveAmount currencyID="EUR">8870</cbc:TaxExclusiveAmount>
      <cbc:TaxInclusiveAmount currencyID="EUR">10555.3</cbc:TaxInclusiveAmount>
      <cbc:PayableAmount currencyID="EUR">10555.3</cbc:PayableAmount>
    </cac:LegalMonetaryTotal>