Use Tax (U) - Voucher Entry

When you enter a voucher with use tax, the system calculates the tax amount and creates a separate entry to the Use Tax Payable account when you post the transaction. You offset this account when you pay the tax authority.

This example displays the AAIs that the system uses and the tables and accounts that the system updates when you enter and post a voucher that has a taxable amount of 1,000 USD with a 10 percent use tax rate.

Example: Voucher Entry

Program	AAI*	Table	Accounts & Fields Updated	F0911 DR	F0911 CR
Standard Voucher Entry (P0411) Creates a voucher	.	F0411 . F0911	Taxable (1,000) Tax (100) Gross (1,000) Expense	. . . 1,100	.
Post General Ledger (R09801) Posts the voucher to the general ledger	FIN - PT FIN - PC	F0911	Use Tax Payable AP Trade	.	100 1,000

Program

AAI*

Table

Accounts & Fields Updated

F0911 DR

F0911 CR

Standard Voucher Entry (P0411)

Creates a voucher

F0411

F0911

Taxable (1,000)

Tax (100)

Gross (1,000)

Expense

1,100

Post General Ledger (R09801)

Posts the voucher to the general ledger

FIN - PT

FIN - PC

F0911

Use Tax Payable AP Trade

100

1,000

* DM - AAI = Distribution/Manufacturing AAI (F4950); FIN - AAI = Financial AAI (F0012)