Overview:
The PO Tax Jurisdiction flows to the AP Invoice Entry. PENTA compares the Tax Jurisdiction on the PO (committed tax amount) to the tax on the AP Invoice (actual tax charged by vendor). Depending on PENTA's configuration, the system will accrue any differences between the committed tax and actual tax. The accrual is to the Tax Jurisdiction on the PO, unless the AP Invoice entry has the Tax Jurisdiction overridden.
Benefits:
Roles:
Additional Content
- Knowledge Base Article: /wiki/spaces/KCSDEV/pages/5542246
Location:
- Financial & Accounting > Setup > Accounts > Chart of Accounts
Video: