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I have set a 6% tax on purchase. When computing the tax in supplier invoice, I could see tax account going into tax payable (tax coefficient is -1) and the tax amount of $1.8 for a $30 base product. Once I saved it, it should $31.80. However, once I validated the invoice, the total becomes $33.60. What did I do wrong?

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We have same issue.

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Author Best Answer

Here's the tax code for purchase. If you need to verify purchase base, let me know. Right now, tax gets added for a second time once I validate the invoice (supplier), and in supplier payment, it will create a credit amount.    

 

For Purchase:

Tax Type: Percentage (0.06)

Tax Included in Price: No

Sequence: 1

Included in base amount: Yes

Tax on Children: No

Invoice Tax Account: Tax Payable Account

Base Code Sign: 1

Accoutn Tax Code: TX - Taxable Purchase

Tax Code sign: 1

Refund Tax Account: Tax Payable

Refund Base Code: Taxable Purchases Base

Refund Base Code sign :1

Refund Tax Code: TX - Taxable Purchase

Refund Tax Code Sign: 1

Special Computation:

Applicability: Always


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Have you modified anything in the computation method?

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