GST on Intercompany General Journal created after posting a Purchase Invoice

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Posted on by SandyGawankar

My client is a part of a group for lodgement of the BAS (GST Returns). They create a 3rd party Purchase Invoice to claim the GST but wants to pass the net of GST cost to the related entity via populating the IC fields on the Purchase Invoice Line.

When the Purchase Invoice is posted, the Intercompany G/L Entry is automatically posted along with the GST being charged to the related entity. Additional the description on the Purchase Invoice Line is lost and is replaced by the Posting Description from the Header.

Are there any settings to charge only net of GST cost to the related entity when a 3rd party purchase invoice is posted. and, is there a field to ensure the line description is transferred to the intercompany general journal.

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Dynamics 365 Business Central

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