Dynamics,Great,Plains,Sales,Ta computer Dynamics GP Great Plains Sales Tax Tracking Notes for Consul
----------------------------------------------------------Permission is granted for the below article to forward,reprint, distribute, use for ezine, newsletter, website,offer as free bonus or part of a product for sale as longas no changes a Gone are those times when the companies and the organisations didn't need a hi-tech system to handle them. Owing to the considerable increase in the business sector and thus, an enormous increase in the complexity of the organisational struc
If your company is mid-size or large business, we suggestyou to recheck your Sales Tax obligation and its sources on the SQL back end,or in other words through SQL custom queries. Lets look into some Tax Details in this small publication: 1. ShippingMethods check. If you are shipping yourgoods to customer Ship to address, please verify that you have these customeraddresses setup with shipping methods with Delivery option. If you will have Ship to address to usepickup shipping method, Sales tax will be calculated for your pickup companywarehouse. If you will have Shippingmethod left empty, sales invoice will be considered as non taxable, as there isno way to understand if it is pickup or delivery 2. Queryingyour first month Sales Tax amounts. Ifyou originate your transactions in both Sales Order Processing and ReceivablesManagement modules, then you should look on the RM tables level, the table nameis RM20101. SOP transactions, such asInvoices, Returns will be posted through RM module and you will see shadowrecords in RM20101 from the transactions, posed in SOP30200 table 3. VoidingRM transactions. In Great PlainsDynamics GP you can void RM transactions, in the case of invoices, you willneed first to unapply payments and then RM invoices might be voided in RM andGeneral Ledger. However this voidingprocedure doesnt void SOP Invoices, if transaction was originated in SalesOrder Processing 4. Howto fix your first month. If Sales Taxeswere not accrued due to the issues described above, we recommend you to unapplypayments, then void AR level invoices, reenter AR invoices and reapply payments. Be sure that you post newly entered ARinvoices by the original posting date 5. SalesTax calculation in the first month of operations is painful and often annoying,please feel free to call us to get help
Dynamics,Great,Plains,Sales,Ta