Why accrual entry is passed with tax amount when invoiced as inclusive tax?
Summary:
Why accrual entry is passed with tax amount when invoiced as inclusive tax?
Content (please ensure you mask any confidential information):
Po is coming with exclusive tax. Without tax, amount is 100. In payables, it is invoiced with VAT amount 10 as 110/= with inclusive tax. And PO matched as 110/= in the matching screen.
- Why is the accrual account gets debited by 110/= but not 100= even though inclusive tax is applied on the invoice? And invoice level it is calculated properly?
- There is a price variance entry passed?
Version (include the version you are using, if applicable):
Code Snippet (add any code snippets that support your topic, if applicable):
0