As we all knows that the sage introduces new features/enhancement with the release of new patches. Sage 300 has released the product update 2 for the Sage 300 v2020.
With this release, Sage 300 v2020 PU2 also introduced the new enhancement in G/L Journal entry screen. General Ledger integration with Tax Services feature allows user to enter tax amounts in G/L journal entry screen and this feature is introduced in desktop version and web version as well.
New Stuff:- You can refer below link to get more information of how to install “General Ledger integration with Tax Services” for entering the tax amount in journal entry screen with new patch.
Follow the steps below to enter the tax amount in G/L journal entry screen.
- Go to the General Ledger G/L Transactions Journal Entry. There is new field i.e. Entry Type, Tax Group and Create Tax Details. You need to specify the type of journal entry that you are adding.
Most entries are Standard type. However, if you have integrated General Ledger with Tax Services, then you can enter the tax amounts by specifying one of the following entry types:
- Sales Tax
- Purchases Tax
2. If you specify a sales tax entry type, other tax-related fields will get enabled as highlighted in below screenshot.
3. Also, you can enter only tax amount details for the journal entry using Create Tax Details button (rather than other types of journal entry detail). Refer screenshot below.
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