Invoices with Sales Taxes: Generated Transactions
For documents created in the AR subledger, the system records tax amounts to the GL account specified for a particular tax on the GL Accounts tab of the Taxes (TX205000) form, as shown in the following table.
| Account | Debit | Credit |
|---|---|---|
| Accounts Receivable account | Amount + Tax amount | 00.00 |
| Sales account (Income account) | 00.00 | Amount |
| Tax Payable account | 00.00 | Tax amount |