Question

Reported Amount - Tax Clearance

  • 22 November 2023
  • 0 replies
  • 40 views

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For WHT related scenarios, we’re using a different currency rate type when booking supplier invoice and when creating the tax proposal. However, when we try to create the tax clearance voucher the correct tax reported amount is not being picked up. Instead it is picking up the tax amount as per invoice currency rate type.

  1. Is there a way to ensure the reported amount is being picked from the tax proposal?
  2.  Can IFS automatically calculate the gain/loss between the invoice tax amount and reported tax amount when the tax payment is made?

Appreciate any input on the above. Thank you!


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