Reverse G/L Tax accounts when doing Payments

fmhigue

Hi everybody:

I got this problem. When we apply a payment I want to debit Tax accounts on the G/L. This is not happening.

Example (This is G/L Entry)
Invoice Affects

Sales 364.94
Tax -54.70
Branch Account 419.64

Payments Affect
Branch Account -419.64
Banks 419.64

Savatage

are you using a sales journal?

David_Cox

fmhigue wrote:

Hi everybody:

I got this problem. When we apply a payment I want to debit Tax accounts on the G/L. This is not happening.

Example (This is G/L Entry)
Invoice Affects

Sales 364.94
Tax -54.70
Branch Account 419.64

Payments Affect
Branch Account -419.64
Banks 419.64

1. If the payment relates to a Sales Invoice Or Credit, then you need to do this in the Sales Journal and Apply the payments to the Invoices.

2. If you are doing a manual posting where there is no document, but you are posting direct to a G/L Account:

The Tax will only post if your lines have a combination of "VAT. Bus. Posting Group", from your Customer and "VAT. Prod. Posting Group" from your "Balancing G/L Account", that the "VAT posting Setup", says includes a TAX %.

As these examples
EU NO VAT NO VAT 0
EU VAT10 VAT10 10