Tax Calculation for G/L Account type item

Meera

Hi

how do we set the tax setup to calculate tax when the line item type is G/L Account?
We did tried for calculating that with usual set up but the tax is not getting calculated..

Thanks ...

MEERA.

kriki

[Topic moved from 'NAV 2009' forum to 'NAV/Navision' forum]

chengalasettyvsrao

1) Initially you should maintain Sales Tax Setup to calculate VAT/CST on G/L Account.

2) Financial Management→ General Ledger → Chart of Account → Account→ Card -> Posting Tab -> fill The TAX Group code.

3) select the Structure in Sales /Purchase Invoice form.

4) Run the Calucalte sturcture values

5) press F9 for statistics

ssingla

Meera wrote:

Hi

how do we set the tax setup to calculate tax when the line item type is G/L Account?
We did tried for calculating that with usual set up but the tax is not getting calculated..

Thanks ...

MEERA.

follow steps explained by chengalasettyvsrao. Further check for Tab Liable field in Purchase/sales line which is critical for sales tax calculation.
Anyway which version you are using?
There is also a detailed manual available for Tax calculation on G/L account in hotfix of NAV SP3.

Meera

Hi Thanks for reply..
But the tax liable field at row level is inactive and not allowing to tick the box, even if it is made default in the GL Master card.

I tried to find the SP3 hot fix , but cud'nt get it ,.. can u plz help me providing it..

Thanks in advance,
Meera.

reema

Meera wrote:

But the tax liable field at row level is inactive and not allowing to tick the box, even if it is made default in the GL Master card.

you need not to place any check mar in G/L account card.


create the new vendor

Assign the state code in vendor card

Assign the Tax areaa code in vendor card

Place a check mark in Tax liable field in Vendor card .

assign the Tax group code in Account card.

then create the purchase invoice and select the structure .