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author's profile photo Former Member
Former Member

How to configure Use tax in the system

Hi ,

As in use tax , the tax amt should be paid by the buyer to the govt... we r using taxware... so let me know how to configure the tax codes.. normally the entries will be expenses dr, tax dr and the full amt will go to vendor cr.... but here the vendor amt should be exclusive to the tax amt.... please let me know the process..

Thanks

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 24, 2007 at 12:01 PM

    Hi,

    Muscan in this scenario whenever you are posting the invoice for the vendor you may get the field called EDITING OPTIONS from there u can select check box of calculate taxes on net amount in the general entry options tab.

    I hope it will helpful to you................

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