Hello all!
I would like your help on taxes on consignment (before it is
settled.) The consignment info record is set up with a tax code.
However, when a goods issue takes place, it calculates the value
without the tax (gross price only.) This value is credited to
the G/L account with no tax. When the settlement takes place,
the value is calculated with the tax and the G/L account is
debited with the gross price and the tax. Therefore, there is a> mismatch in the G/L account (the credit is lower than the
debit.)
How can I change it so that the tax on consignment is calculated
and added to the gross price at time of goods issue?
Thanks!
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.