Deductible and Non Deductible Input Tax
Goal: Functional
Developer: Hengsin (talk)
Feature Ticket: IDEMPIERE-5057
Description:
Implement support for https://techconcepthub.com/deductible-tax-and-non-deductible-tax/
Changes:
- Add Tax Posting Indicator field to Tax Rate window (for non-summary, line level purchase tax).
- Separate tax posting: For deductible input tax. This is the existing tax posting where tax is posted to a separate GL account from product asset account (i.e tax not added to product cost).
- Distribute tax with relevant expense: For non deductible input tax. Tax is posted to the product asset account and added to product cost.
Posting Indicator Field
- Modify tax and cost posting for Doc_Invoice, Doc_InOut, Doc_MatchInv and Doc_MatchPO.
Example:
- Setup Deductible Purchasing Tax Rate.
Deductible Purchasing Tax Rate
- Setup Non-Deductible Purchasing Tax Rate.
Non Deductible Purchasing Tax Rate
- Create 2 PO line, line 10 is using Deductible tax rate and line 20 is using Non-Deductible tax rate (both with 19% tax rate).
Example PO Lines
- 2 Order tax line created with Base Amount of 2550.00 and Tax Amount of 484.50.
Example PO Tax Lines
- Material Receipt Posting. Line 10 posted 2550.00 to Product Asset account and Line 20 posted 3034.50 (2550.00+484.50) to Product Asset account.
Example Material Receipt Posting
- Vendor Invoice Posting. Line 10 posted 484.50 to tax account and Line 20 didn't post to tax account.
Example Vendor Invoice Posting
Source: Wiki