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How to set up a direct tax imposed on us "the seller"?
Dear Gurus,
I have searched a lot in the help center, I did not find guide to this tax case.
I request your kind help to solve this business scenario:
- Direct tax imposed on us "the seller".
- This tax cost should be debited to an expense account "New-Tax Expense Account", the credit side should be credited to the Tax Agency or a liability account.
- This tax should be recognized on any transaction affecting the sales account, whether through (A) Sale Invoice (direct revenue posting), or (B) Item Fulfillment.
- Classification should be maintained, class and custom segments should be copied to the tax line.
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