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11Hi everyone,
In BC, the PST paid on purchases are non-recoverable and are therefore expensed. In my current Accounting system, we expense the PST to the same GL code as the purchased product to count towards the cost of the products. We can modify the PST GL code prior to posting.
Example:
Dr – computer supplies $100
Dr – GST $5
Dr – PST $7 (same GL code as computer supplies, not PST Payable)
CR - AP $112
When we switch to D365 F+O, we can achieve this by entering $107 to computer supplies and set taxable GST for $5, either as an invoice journal or pending vendor invoice (if it doesn’t have a purchase order).
When we switch to D365 F+O, we can achieve this by entering $107 to computer supplies and set taxable GST for $5, either as an invoice journal or pending vendor invoice (if it doesn’t have a purchase order).
However, how do we achieve this if there is a purchase order involved? When I create a PO, I selected the computer supplies procurement category for $100, and set GST + PST taxable. However, PST is coded to our PST Payable account because the ledger posting profile only allows one GL code. I don’t see a way to modify the GL code prior to posting. Is there a configuration where the PST portion of the PO can take on the same GL code as the procurement categories every time? Whether that’s computer supplies, raw materials, etc.
The current workaround is to enter the subtotal amount on the first line of the PO, go to view distribution to see how much the PST is, add a second line on the PO to display the PST to the same procurement category, make the first line GST taxable only, and make the second line non-taxable. This seems like a lot of work to make sure the PST portion gets coded to the same GL code as the purchased product. I hope there is a more efficient way of doing it.
Thank you.
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