US Sales Tax

andrew_acteon
Member Posts: 12
I am asking for help from any members who are experts on US Sales tax.
When you tick the Expense\Capitalise field in Tax Details, the system calculates tax, but posts it to the same account as the cost, but seems to stop creating tax entries? Is this correct? Is it because that by saying you are expensing it, you are in effect saying I am taking the cost, and therefore do not need to report on it?
Any help would be much appreciated
When you tick the Expense\Capitalise field in Tax Details, the system calculates tax, but posts it to the same account as the cost, but seems to stop creating tax entries? Is this correct? Is it because that by saying you are expensing it, you are in effect saying I am taking the cost, and therefore do not need to report on it?
Any help would be much appreciated
0
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