GEM-CAR FAQ

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Configure an Accounting Account so that Taxes are Automatically Calculated on Transactions

In order to configure your chart of accounts to determine the accounts on which your tax rules should be applied automatically, you must choose your taxable accounts.

To configure it, click on Accounting > Chart of Accounts and select the account.

In the master record of the selected account, check the box "This account is taxable" so that taxes are automatically applied to transactions made with this account.

Use the percentages to apply the correct allocation. For example: representation costs at 50%, excluded from box 101 of the tax return. 

Then click on Save.

 

Posted 4 months agoby Olivier Brunel
#42163 viewsEdited 2 months ago

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