Payables & Cash Management

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Topic

    Ravi Upadhyayulla
    Project information to be copied on AP invoice tax lineAnswered
    Topic posted October 17, 2018 by Ravi UpadhyayullaBlue Ribbon: 750+ Points, last edited January 30, 2019, tagged Financials, Payables, Subledger Accounting 
    68 Views, 5 Comments
    Title:
    Project information to be copied on AP invoice tax line
    Summary:
    Project information on AP invoice tax line
    Content:

    Hi,

    Invoice is charged to project. Project information entered on the invoice line which will be populated on the distribution automatically. When calculating tax, there is no project information carried forward or copied on the tax line (which is stored in AP_INVOICE_LINES_ALL). We want the tax part also to be charged to Project when generating accounting.

    Is there a way to copy the project information on the tax line then our SLA rule can pass the corresponding company segment value from project organization.

    Thanks

    Ravi

    Best Comment

    Venkata Jithendra Nandanavanam

    Principally, Recoverable Tax (as the burden of tax is passed to the customer) should not be considered as cost to your organization, hence should not be charged to Projects.

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