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Is there a way to enter a receivables invoice and have the tax calculate on sales less the discount taken?
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I know you can open the tax amount detail window (blue arrow next to tax amount) and adjust manually the sales amount to whatever number you want and taxes will recalculate on that amount, I believe you need to re-default the distributions when you do this.
I thought I would test it first but found that if I entered the sales amount, then the discount that it did the calculation net of the discount by default. I'm thinking you might be coming back to the invoice and setting a discount and in that case I don't believe it will recalculate the tax amount and you would need to update sales amount in the tax window.
It's manual, but you are able to decide the taxable sale amount independent of the sales amount and so should be able to manage this in the window. Assuming here you are using the RM window for the invoice.
Rachel,
Mark the Box Calculate Terms Discount before Tax option in Company Setup Options.
Kind regards,
Leslie
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