This feature will create a set of tax detail records virtually identical to the ones created by Microsoft Dynamics GP.

• DynamicZip credits these duplicate details to the tax payable posting account specified on the Tax Detail Maintenance window.
• The offsetting charge is either to the vendor's default Purchases account or to the vendor's Tax account based on your selection of Charge Tax Expense.
• These additional distributions are automatically added to the distributions created by Payables Transaction Entry window.

Please also see Purchase Tax Accrual.

DZ Tax Detail Entry window
Glossary