TAX Account Mapping

[Former Member]

Dear All,

I am confuse that in which drower i map tax account ?

Thanks

Divyanshu

[Former Member · Accepted solution]

Hello,

Whenever We purchase materials

then Tax account should be Asset drower as TAx Input.

For Sales Materials

Tax Account should be mapped in Liability drower as Output tax.

First also explain all your client requirement. because some accountant make same ledger(For Input And Output)

Thanks

Manvendra Singh Niranjan

[Former Member · Accepted solution]

Thanks