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In "General ledger > Inquiries and reports > Ledger reports >Ledger transaction list" it is possible to select "Sales tax specification" in the "Printout" section of the form.
However, the report does not take "Non-deductible sales tax" into consideration.
An example:
A transaction has a sales tax code 25 percent sales tax and a non-deductible percentage of 50 %.
When a transaction of a 100 USD is posted the amounts are as follows
Sales tax amount 20 USD
Non-deductible amount 10 USD
which leaves a net sales tax amount 10 USD
When running the Ledger transactions list selecting tax specification the tax amount shown will be 20 USD, which is not correct.
My suggestion would be to add 2 columns
Non-deductible sales tax amount
and
Net sales tax amount.
Net sales tax amount should be calculated using the current column Sales tax amount and subtract the non-deductible amount.
However, the report does not take "Non-deductible sales tax" into consideration.
An example:
A transaction has a sales tax code 25 percent sales tax and a non-deductible percentage of 50 %.
When a transaction of a 100 USD is posted the amounts are as follows
Sales tax amount 20 USD
Non-deductible amount 10 USD
which leaves a net sales tax amount 10 USD
When running the Ledger transactions list selecting tax specification the tax amount shown will be 20 USD, which is not correct.
My suggestion would be to add 2 columns
Non-deductible sales tax amount
and
Net sales tax amount.
Net sales tax amount should be calculated using the current column Sales tax amount and subtract the non-deductible amount.
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