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Former Member
Mar 20, 2011 at 05:14 PM

Tax Code in vendor invoice


Dear Experts,

I am having the requirement that, when I post the vendor invoice, I want to deduct the service charges @ 1%.

Examble would be as follows:

Cr Vendor Acccount - 9900

Dr Expenses Account - 10000

Cr Service Charges Account - 100

I tried with tax code concept, but it's not working. Can any one suggest me, how I can credit the service charges automatically, when I post the vendor invoice.

Any help is highly appreciated.

Thanks & Regards,