I experimented a little more here about the sales tax and found out that the functionality what I was looking for is already OOTB. Just an FYI, and may benefit others,
After the purchase order is created and the goods are received, a Purchase invoice is created. The accounting transactions happen after the following is done * Invoice is received * Invoice is accepted * Invoice is ready for posting Go to OrganizationGLSettings->Accounting->AccountingTransactionEntries->Choose the GLAccountID. Looking at the accounting transaction entries, there a 'D' entered for DebitCreditFlag indicating that it is a salestax that is paid. If this flag is 'C', then it indicates that the salestax is collected. Thanks, -Aswath On Wed, Jul 8, 2009 at 11:06 AM, aswath narayana <[email protected] > wrote: > I guess, what I am asked is not OOTB yet. > I am figuring how to do this. During TaxAuthority setup: > * There is no GLAccount configured when taxes are paid during the purchase. > > > Hence first step, to record the taxes paid is to change TaxAuthority. It > could be done like this: > * During the addition of GLAccount for the taxAuthority, add a dropdown > with two values > - Incoming tax > - Outgoing tax > > Next step ( i have not gone in detail), would be to create outgoing tax > entries in the > 'CreateInvoiceFromShipment'->'CreateAccountingTransactionEntries' > > -Aswath > > > > On Mon, Jul 6, 2009 at 3:46 PM, aswath narayana < > [email protected]> wrote: > >> Hello, >> In India, following is a common use case. >> * A company buys goods from a supplier. The company pays sales tax to the >> supplier. For example, a TV cost from the supplier is 100. Then the >> supplier also puts sales tax for the purchase. In this case, it is 7%. The >> total amount payed by the company is (100 + 7). >> >> How can this transaction be recorded in OFBiz. >> >> I configured sales tax using TaxAuthority. >> I do the purchase order entry and in the final created purchase order >> following are the values shown: >> >> Item Subtotal : 100 >> Total Sales Tax: 7 >> Total Due: 107 >> >> Then I do 'Quick receive purchase order'. >> >> Then I go into >> accounting->OrganizationGLSettings->Reports->TransactionTotals. >> >> I don't see any entries recorded for the tax paid. >> >> Please suggest >> >> Thanks >> -Aswath >> >> >> >> >
