Posting tax value to FI, debit output tax and credit input tax in one doc

[Former Member]

Hi Guru,

Please help me how to posting in FI about tax in sample billing, debit output tax and credit input tax in one billing (sample billing : ZFO)

HieuLM

[Former Member · Accepted solution]

HieuLM

Not sure if after so long this answer is valuable for you, but just in case.

You has to talk to your FI consultant how to do that. There is an option by setting up a tax code (output tax) %s , to handle two separate condition types and account keys. For instance account keys ESA and ESE. At the accounting level this would allow you debiting the output tax account and crediting the same amount/% to the input tax account for the same line item. If the output and input tax accounts are set up correctly, in the tax report report the will be separated. By default you Balance Sheet tax net value will be taken care too.

Hope this helps.

GG