End to end T accounts for out of box USA taxation settlement in Microsoft Dynamics 365 Financials

sales tax receivable not included in US taxation rules

Sales invoices having tax

Dr

Cr

Sales tax GL (Sales tax payable and use tax)

611

*Ensure vendor is assigned in tax authority

Tax Settlement

Dr

Cr

Sales tax code 2200

Sales tax vendor

611

611

Vendor Payment

Dr

Cr

Vendor tax authority

Bank

611

611