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dynamiczip:faq:pop_project_accounting_faq [2016/09/26 18:08] connidynamiczip:faq:pop_project_accounting_faq [2016/09/26 18:20] conni
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 However, the steps below may provide a functional workaround for updating a project's cost to include tax on purchases. However, the steps below may provide a functional workaround for updating a project's cost to include tax on purchases.
  
-  - Create a Vendor card for the tax owed to the state.**NOTE:** Do not use a Tax Schedule ID for this Vendor.{{dynamiczip:TaxVendorCard.jpg}} +  - Create a Vendor card for the tax owed to the state.**NOTE:** Do not use a Tax Schedule ID for this Vendor. 
-  - Create a Cost Category for non-inventory Purchases/Materials.{{dynamiczip:TaxCostCategory.jpg}} +  - Create a Cost Category for non-inventory Purchases/Materials. 
-  - Add the Cost Category to your project.{{dynamiczip:TaxBudget.jpg}} +  - Add the Cost Category to your project. 
-  - For every Purchase Order Transaction:    - Enter a second purchase order for the new tax Vendor.+  - For every Purchase Order Transaction:     
 +    - Enter a second purchase order for the new tax Vendor.
     - Enter or lookup the appropriate Project Number.     - Enter or lookup the appropriate Project Number.
     - Enter or lookup the new Cost Category.     - Enter or lookup the new Cost Category.
     - Enter a non-inventory item for the accrued tax.     - Enter a non-inventory item for the accrued tax.
-    - Use a quantity of 1 and set the Unit Cost equal to the amount of tax accrued in the original purchase order. {{dynamiczip:TaxPurchaseOrder.jpg}}{{dynamiczip:TaxPurchaseInvoiceAndDistribution.jpg}} +    - Use a quantity of 1 and set the Unit Cost equal to the amount of tax accrued in the original purchase order.  
-  - After posting the Purchase Invoice for the tax you should see the tax included in the Total Cost field on the Forecasting window.{{dynamiczip:TaxForecasting.jpg}}+  - After posting the Purchase Invoice for the tax you should see the tax included in the Total Cost field on the Forecasting window.
  
-Please see [[dynamiczip:troubleshooting:issues:include_purchase_taxes_in_project_costs|Include Use Taxes In Project Costs]] and [[dynamiczip:troubleshooting:issues:project_accounting_tax_engine|Project Accounting Tax Engine]] for additional information on using DynamicZip [[dynamiczip:features:Purchase Tax Accrual]] feature with Project Accounting.+Please see [[dynamiczip:troubleshooting:issues:include_purchase_taxes_in_project_costs|Include Use Taxes In Project Costs]] and [[dynamiczip:troubleshooting:issues:project_accounting_tax_engine|Project Accounting Tax Engine]] for additional information on using DynamicZip [[dynamiczip:features:Purchase Tax Accrual|Use Tax Accrual]] feature with Project Accounting.
  
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dynamiczip/faq/pop_project_accounting_faq.txt · Last modified: 2016/09/26 22:16 by conni

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