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Is it possible for sales tax charged on a supplier invoice and paid to the supplier to be added in the expense account on the line, instead of having it as a separate transaction line?

Example:  Manufacturing Supplies costs $100.00 and sales tax is $8.00.

We would like to see the full $108.00 going to the expense account 

Thanks for your help

Laura

Hi,

 

You can use 0% deductible tax code for this purposes.

Nondeductible tax will be fully charged to the relevant expense account and the total payable will be charged to the supplier. 

 

Hope this helps.

 

Shehan Almeida.

 

Perfect.  Thank you so much for your help.

Hi,

I have the same situation.  But when I perform the Posting Proposal, I am out of balance by the tax amount.  I would like to have this work automatically.

The accounting for the receipt transaction worked beautifully.

Is there something I need to adjust for the IP3 posting control?

 

Thanks.

 

Mark

Same thing happened to me.  I was not sure if this was a bug or not.  

Thanks,

Laura

Hi,

I have the same situation.  But when I perform the Posting Proposal, I am out of balance by the tax amount.  I would like to have this work automatically.

The accounting for the receipt transaction worked beautifully.

Is there something I need to adjust for the IP3 posting control?

 

Thanks.

 

Mark

Hi, just wondering if anyone has a solution for this?

 

Thanks,

 

Mark

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