Creating taxed invoices

  1. Select Manage Invoices.
  2. Click Create Invoice.
  3. On the Main tab, specify this information:
    Invoice Entry Template
    Select Tax Invoice.
    Invoice Type
    Select Invoice for the invoice type.
  4. In the Tax Information section, specify this information:
    Entered Taxable Amount
    Specify the total taxable amount for the invoice.
    Entered Tax Amount
    Specify the total tax amount of the invoice. This field must be blank if you specify a tax code. The tax code is used to automatically calculate the tax amount based on the rate defined for the tax code. A tax distribution record is created for the tax amount.
    Tax Code
    Select a valid tax code to apply to the invoice. The tax amount and distribution lines are automatically created. If you assigned a tax code to the vendor and this field is blank, then the vendor tax code is used.
    Tax Category
    Specify the product tax category.
    Link Tax On Distributions
    Select this check box to link tax to individual distribution records.
    Tax Point Date
    Specify the tax point date. These are the dates that tax is recognized in the system. The dates can be the invoice, shipping, GL post date, or payment date.
    Point Of Title Transfer
    Select whether the point of transfer is Destination or Origin.
  5. See Creating Payables invoices for information about the other fields.
  6. Click Save.