Tax Area Code Field, Gen. Jnl. Allocation Table

Contains the tax area code that will be used when you post the entry on the journal line.

To have sales tax calculated on the journal line, a check mark must be inserted in the Tax Liable field, and the Gen. Posting Type must be Sale or Purchase.

The program will then use the tax area code, in combination with the tax group code on the journal line, to determine the sales tax % and the G/L accounts to which tax will be posted.

Tip

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Parent Tables

Table Location
Gen. Jnl. Allocation Table General Ledger
Gen. Jnl. Allocation Table General Ledger

See Also

Reference

Recurring General Journal