22 Entry for A/P, A/R, and Sales Orders

This chapter contains this topic:

• Section 22.1, "About Posting Calculations"

22.1 About Posting Calculations

This chapter describes how the system calculates and posts tax amounts to the general ledger for each of the tax explanation codes.

This chapter focuses on Speed Voucher Entry to clarify transaction entry. The processes for A/R invoices, sales orders, and journal entries are addressed, however the way in which the system calculates and posts taxes does not differ (although the procedures to use the entry screens and the names of the fields on these screens can differ from those on the Speed Voucher Entry screen).