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How to post tax liability

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Posted on by Kaisha

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I have a tax liability of USD 12,000 from a previous manual system. Can someone guide me on how to input this in business central. The set of accounts that i am using is the default

Regards
Kaisha

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Community Member on at

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RE: How to post tax liability

Kaisha,

If you are looking for a General Journal entry to record this liability, then do the following:

Debit - Sales Tax Expense or Corporate Tax Expense

Credit - Tax Liability Account

Hope this helps.

Thanks,

Steve
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Marco Mels on at

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RE: How to post tax liability

Hello,

If you do not get further traction from the community, feel free to raise this issue to Microsoft via your partner or CSP.

Thanks.

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