Knowledge

This feature allows you to define specific accounting mappings for each tax, depending on the type of transaction (Sales, Expenses, or Purchases).

• Step 1. Go to Settings menu under the Accounting module in the left sidebar -> Select the Mapping setup menu -> Select the General tab 
• Step 2. Click on the Add button 
  
• Step 3. In the Tax mapping setup popup, fill in the following details: 
  
  1. Choose the Tax you want to configure, example GTS, HTS, VAT
  2. Sales Mapping: set the accounts used when this tax is applied to sales transactions (invoices). This mapping will be applied when invoices include the selected tax
  3. Expense Mapping: set the accounts used when this tax is applied to expenses.  This helps ensure taxes on expenses are recorded correctly
  4.  Purchase Mapping: set the accounts used when this tax is applied to purchase-related transactions, including Purchase order, Purchase Invoice, Order Return. 
• Step 4. Click on the Save button