User Tools

Site Tools


dynamiczip:setup:charge_tax_expense

Differences

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

Link to this comparison view

Both sides previous revisionPrevious revision
Next revisionBoth sides next revision
dynamiczip:setup:charge_tax_expense [2016/09/22 22:32] connidynamiczip:setup:charge_tax_expense [2016/09/26 21:52] conni
Line 8: Line 8:
   * For the tax accrual credit DynamicZip uses the posting account that has been assigned to the document's tax detail record. (If the tax amount is not zeroed out, this same account will be used by Microsoft Dynamics GP for the tax expense debit.) Therefore if the user or another software application modifies the tax expense account on the tax detail records before the tax accrual records are created, that modified account will then be used by DynamicZip as the tax accrual credit account.   * For the tax accrual credit DynamicZip uses the posting account that has been assigned to the document's tax detail record. (If the tax amount is not zeroed out, this same account will be used by Microsoft Dynamics GP for the tax expense debit.) Therefore if the user or another software application modifies the tax expense account on the tax detail records before the tax accrual records are created, that modified account will then be used by DynamicZip as the tax accrual credit account.
  
-If the Tax Details do not have a posting account specified, then the default Tax posting account (specified in the Posting Accounts Setup window for Purchasing - Tax) is used.+If the Tax Details do not have a posting account specified, then the default tax posting account (specified in the Posting Accounts Setup window for Purchasing - Tax) is used.
  
 **NOTE:** The Tax Details' accounts can be changed individually using the Tax Detail Maintenance window, or en masse using the [[dynamiczip:windows:DZ Set Posting Accounts window]]  **NOTE:** The Tax Details' accounts can be changed individually using the Tax Detail Maintenance window, or en masse using the [[dynamiczip:windows:DZ Set Posting Accounts window]] 
Line 19: Line 19:
 ==== Purchase Order Processing ==== ==== Purchase Order Processing ====
  
-When the **Charge Tax Expense **option is enabled, the debit side of the purchase tax accrual will go to the vendor's Tax account (specified in the Vendor Account Maintenance window). If the vendor's Tax account is blank, then the Tax account for Purchasing is used (specified in the Posting Account Setup window).+When the **Charge Tax Expense **option is enabled, the debit side of the use tax accrual will go to the vendor's Tax account (specified in the Vendor Account Maintenance window). If the vendor's Tax account is blank, then the Tax account for Purchasing is used (specified in the Posting Account Setup window).
  
-When the **Charge Tax Expense **option is __NOT__ enabled, the debit side of the purchase tax accrual will go to the item's Inventory account (specified in the Item Account Maintenance window) for inventoried items and the vendor's Purchases account for non-inventoried items. If the inventoried items' posting accounts are blank, then the Purchases account for Purchasing is used (specified in the Posting Account Setup window).+When the **Charge Tax Expense **option is __NOT__ enabled, the debit side of the use tax accrual will go to the item's Inventory account (specified in the Item Account Maintenance window) for inventoried items and the vendor's Purchases account for non-inventoried items. If the inventoried items' posting accounts are blank, then the Purchases account for Purchasing is used (specified in the Posting Account Setup window).
  
 Both the debit and the credit can be modified by the user. You could modify these from the Invoice Distributions window. Both the debit and the credit can be modified by the user. You could modify these from the Invoice Distributions window.
dynamiczip/setup/charge_tax_expense.txt · Last modified: 2020/04/22 14:46 by chuck

Donate Powered by PHP Valid HTML5 Valid CSS Driven by DokuWiki