Accounting for non recoverable taxes where accrue on receipt = yes
Hi
we have accrue on receipt switched on and the accounting for non recoverable tax is doing what Oracle intended as far as I can see i.e. using the same distribution as the invoice item line - which is the accrual account.
However this is part of the expense, so is being incorrectly accounted.
Is there a way of creating this tax line based on the PO or receipt charge line instead of following the invoice?
Rgds
Alan
we have accrue on receipt switched on and the accounting for non recoverable tax is doing what Oracle intended as far as I can see i.e. using the same distribution as the invoice item line - which is the accrual account.
However this is part of the expense, so is being incorrectly accounted.
Is there a way of creating this tax line based on the PO or receipt charge line instead of following the invoice?
Rgds
Alan
0