Hello! What is the best practice when entering taxes on cash purchases? There is a set of tax IDs pulled in when Vendor Tax Zone is entered on Cash Purchases, can you manually change the Tax IDs or change the tax amount column? Is this something we should avoid doing?
Thanks!
Best answer by YasasWithanage76
Hello
In Acumatica, Tax IDs will be added to the document based on the tax category and the tax zone.
The users can manually change the taxable amount and tax amount on the Taxes tab. And also users can remove the Tax IDs manually. Before releasing the document they can re-add those Tax IDs (if needed).
However, users cannot add Tax IDs that do not match with the tax category in the details tab and the tax zone on the document.
In addition, my recommendation is that if users manually adjust tax details in the documents, you can enable the field-level audit. If we enable the field-level audit we can know what modifications are done by users.
Hope this helps!
Thank you.
+4Hello
In Acumatica, Tax IDs will be added to the document based on the tax category and the tax zone.
The users can manually change the taxable amount and tax amount on the Taxes tab. And also users can remove the Tax IDs manually. Before releasing the document they can re-add those Tax IDs (if needed).
However, users cannot add Tax IDs that do not match with the tax category in the details tab and the tax zone on the document.
In addition, my recommendation is that if users manually adjust tax details in the documents, you can enable the field-level audit. If we enable the field-level audit we can know what modifications are done by users.
Hope this helps!
Thank you.
Hi
In the scenario where a large amount of courier invoice needs to be entered each month, the tax applied on the document is not the same tax under the vendor tax zone. The taxes are based on the location couriered to, not the vendor tax. Since these tax IDs are not under the vendor tax zone, users have to manually add them…
Hello
To manage complex tax regimes where taxes are affected by multiple factors, a specialized External Tax Provide can be integrated. A Tax Provider will automatically provide the taxes relevant to the document based on the parameters specified.(i.e Ship to/from Address, Tax exemptions etc.)
A list of such Tax Providers is available on our Market Place:https://www.acumatica.com/acumatica-marketplace/?selectCategory=finance-accounting-taxes&selectIndustry=&selectGeography=&search=sales%20tax&selectType=&selectPage=1
Hope this helps address your concern
Amaan Fazeer
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