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receipt accounting tax entries

edited Sep 20, 2024 1:04AM in Inventory Management 16 comments

Summary:

Hi All

Right Now Business has a scenario where if the PO is 100$ and tax is 10$ out of 100$ then while receipt is done and accounted the 100$ amount is going to Expense DR and Receiving Inspection CR. But they want 90$ to go into Expense and 10$ to go into Tax account. Is this possible through SLA configuration?

If so what are the setups that we need to do.

Right now i have created a custom journal line rule with Expense,Receiving Inspection and Tax Liabilty on Debit side but when Receipt is accounted it is only considering Expense and Receiving Inspection but not tax liability.

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