Vendor invoice accounting with tax

Finance and Operations/AX Technical Forum
1

Hi

In vendor invoice - at the time of check the calculation - in total value including tax amount displayed (base price * quantity + misc charges + tax), but when i post the vendor invoice, tax part only not posted. give me the solution for this

Advance thank

Saravanan.R

2

Hi there, If I understand you correct, go to General Ledger → Setup → Parameters → Taxes tab, check Invoice and payments setting.

Thanks.

3

Are you loading the tax on inventory? can you explain how the posting were happened? To which accounts and the amounts posted???

4

the same case happen with me, to explain this case :

1- posting from purchase order.

2- the system calculate tax amount correctly, but without effects on tax account

3- the financial effects Dr. Inventory account - net of tax

Cr. AP vendor account - net of tax

Please advise,

5

Hi,

Go to GL parameter, taxes tab. Check for the calculation method. It should be Line instead of Total.

Pranav…