Differences

This shows you the differences between two versions of the page.

--- dynamiczip:features:purchase_tax_accrual [2016/09/21 17:15] – conni
+++ dynamiczip:features:purchase_tax_accrual [2016/09/26 22:05] – conni
@@ Line 1: / Line 1: @@
 ====== Use Tax Accrual ======
 ===== Overview =====
-This feature enables you to accrue tax on purchases whether or not the vendor is billing you for that tax. Purchase tax transaction history is created for reporting purposes along with the general ledger tax accrual distributions that this feature adds automatically  to the transaction's standard distributions.\\
+This feature enables you to accrue tax on purchases whether or not the vendor is billing you for that tax. Use tax transaction history is created for reporting purposes along with the general ledger tax accrual distributions that this feature adds automatically  to the transaction's standard distributions.\\
 See [[dynamiczip:features:Accruing Use Tax on Purchases]] for more information.
 ===== Tax Accrual Reporting =====
 See [[dynamiczip:reports:dynamiczip_tax_reports|Advanced Tax Reporting]] for more information.
@@ Line 14: / Line 16: @@
 These accrued tax details will appear in the [[dynamiczip:windows:DZ POP Invoice Accrued Tax Summary Entry window]].
 ===== Tax Accrual Posting Accounts =====
 ==== Debit ====
 Please see the [[dynamiczip:setup:Charge Tax Expense]] setting in the [[dynamiczip:windows:DynamicZip Setup window]].
 ==== Credit ====
 The taxes owed will be accrued to the posting account assigned to the purchases tax detail(s), if one has been assigned. If not, then the account will be the Tax account specified in Posting Account Setup for Purchasing.