Calculate and adjust sales tax on a vendor invoice

Note

We will not be accepting edits to this topic, because it is generated from a business process in Lifecycle Services.

If the original source document displays different tax amounts as calculated, you can adjust those amounts before posting. This task uses the DEMF demo company.

  1. Go to Accounts payable > Invoices > Invoice journal.
  2. Click New.
  3. In the list, mark the selected row.
  4. In the Name field, click the drop-down button to open the lookup.
  5. In the list, click the link in the selected row.
  6. Click Lines.
  7. In the list, mark the selected row.
  8. In the Account field, specify the desired values.
  9. In the Invoice field, type a value.
  10. In the Credit field, enter a number.
  11. In the Offset account field, specify the desired values.
  12. Click Sales tax.
  13. In the Total actual sales tax amount field, enter a number.
  14. Click OK.
  15. Click Save.
  16. Click Sales tax.
  17. On the Adjustment tab, the sales tax amounts can be adjusted per sales tax code.
  18. Click Reset actual from calculated amounts.
  19. Click OK.
  20. Click Save.