Provision to view Tax information from GL Journal Entries on GL Posting Journals Report

By | June 30, 2020

In our recent blog regarding Sage 300 v2020 PU2 release, we have demonstrated how to set the tax information on GL journal entry screen. In this blog we are going to discuss about the provision made to view tax information on G/L Posting Journals report.

New stuff: Provision to view Tax information from GL Journal Entries on GL Batch Listing Report

Navigate to the report:

General Ledger G/L Reports Posting Journals.

On this screen you will see an extra check box provided for ‘Include Tax Information’. Please refer to the below screenshot.

The purpose of this additional checkbox for ‘Include Tax Information’ we have created an entry in G/L Transactions  G/L Journal Entries for tax by selecting entry type as ‘Sales Tax’

Please find below screenshot for the Tax information added to the entry.

We will now see how this tax information check box works, If not selected report will appear without tax information as below:

As you can see in above screenshot report is displaying the Tax G/L entry as regular entry with consideration to impact on respective G/L accounts for debit and credit.

Now, check below screenshot for same report with ‘Include Tax Information’ checkbox kept checked. Same report displays Tax information added on G/L Journal entry along with its account effect by displaying Tax Group selected, authority specified in the entry with Tax base and amount debit credit information in detail.

If you are using Sage 300 v2020 with Product update 2 and have G/L integration with Tax services installed then on web screens also this report enhancement is available.

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