E-Business Tax (MOSC)

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Tax in a non profit LE

edited Jun 16, 2015 10:06AM in E-Business Tax (MOSC) 4 commentsAnswered

Hi community,

I did the setup of a non profit Legal Entity, this kind of LEs can buy items and services that have a tax amount, but this tax should be accounted like an expense, the question is how should I have to setup the tax to affect an expense account instead to a tax account?

I attach an excel file where you can see two examples, the first is the journal of a standar LE, the secon is the journal that I like to get in the non profit LE

Thanks and Best Regards,

Gualberto

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