You should be able to select if individual items in a purchase order or invoice are taxed. We pay sales tax on some items but not others.
by: Jason S. | over a year ago | Accounts Payable
Completed
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Purchase Order/Invoice sales tax calculation
by: Jason S. | over a year ago | Accounts Payable
Comments
I have a good example for this. We purchased four pieces of equipment and some through an online auction. Three of the pieces were located in one town and one piece was located in another state all together. The auction company did charge us the State Sales Tax rate for each piece but we still need to pay the City Sales/Use Tax rate. Three pieces have one rate and the fourth piece does not have a city tax rate at all. In 4-2 in can use the "Use Tax District" for the pieces that have tax but it automatically applies this rate to ALL line items. I can override the calculation and enter the correct tax amount at the bottom of 4-2 BUT the resulting Journal Entry spreads the Use Tax over all line items, in effect raising the "cost" of the non-taxable item also. Making it look like we paid extra tax on that item. Long story short I agree that it would be nice to be able to apply Use Tax or not to each line of an AP invoice. Right now we are using two entries for these types of invoices.
How can a basic function like sales tax be missing from an accounting package??? Why is it taking so long to get this fixed???????
YESSSS!!!! This is so frustrating and ridiculous that if we have the cost type materials set to be the only cost type taxable that it STILL taxes the other cost types in the PO! FIX IT SAGE!!!
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