Hello Everybody,
Does anybody know what I can do to fix this issue or possibly explain how Sage 300 CRE Accounts Payable Tax Liability is calculate? The scenario below seems to be happening with all of the invoices we enter.
Accounts Payable Tax Rate setup is set to 7.0 for Indiana Sales Tax
Below is a picture of what our AP Invoice Tax Settings are
When an invoice is entered for $138.00 the system calculates the tax as being $9.03 (6.54% Tax Rate) rather than $9.66(7% Tax Rate). Please see below
I appreciate any help given.
Thank you