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ManualDoc:T333

WS333.png

A purchase invoice posting looks like:

Account Debit Credit Comments
Product Expense Line Net Amount One per invoice line
Tax Credit Tax Amount One per tax line. For Cash VAT regime the Tax Credit Transitory account is used instead.
Vendor Liability Total Gross Amount One per invoice

And a sales invoice posting looks like:

Account Debit Credit Comments
Customer Receivable Total Gross Amount One per invoice
Product Revenue Line Net Amount One per Invoice Line
Tax Due Tax Amount One per Tax Line. For Cash VAT regime the Tax Due Transitory account is used instead.

"Negative" Withholding tax rates needs to have specific accounting information in this tab in order to get that withholding tax amounts are posted in a different account.

Below posting applies in the case that the "Allow Negative" feature is not enabled either for the General Ledger configuration used while posting or for the Document Type which in this case is an "AP Invoice"

In other words, a negative withholding posting means a negative debit posting which will turn into a positive credit posting if allow negative feature is not enable.


Account Debit Credit Comments
Product Expense Line Net Amount One per Invoice Line
Tax Credit Tax Amount One per tax line. For Cash VAT regime the Tax Credit Transitory account is used instead.
Tax Credit Withholding Amount One per withholding line
Vendor Liability Total Gross Amount (Line Net Amount+Tax Amount-Withholding Amount)

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