Invoice Entry � Totals Tab

Sage ERP Accpac Accounts Payable 6.0

image\field_bt.gifInvoice Entry � Totals Tab

Use the Totals tab to see the amount of recoverable tax, separately expensed tax, and allocated tax, and to see why an invoice has an undistributed amount.

The Totals tab displays the total tax amount on the invoice for each taxing authority, as well as current totals for the document in two summaries: an invoice summary and a tax summary.

For information about a different Invoice Entry tab, click the corresponding link:

 

Document

Taxes

Retainage

Terms

Optional Fields

Rates

Click the links below for additional help on using the corresponding buttons:

 

Add/Save

Delete

Prepayment

Close

Recoverable and separately expensed taxes

Using Tax Services, you can specify that taxes are recoverable or are expensed separately. For example, the GST in Canada and VAT in many other countries are recoverable taxes and will not be distributed with invoice totals.

When you choose the Dist. Taxes button, Accounts Payable:

  • Removes (deducts) any recoverable portion of the tax from the tax distribution amount and assigns it to the tax recoverable account.
  • Removes (deducts) any portion of the tax which is expensed separately and assigns it to the tax expense account.