GST: How does default Tax Code work

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Question: What is the priority of tax code as I can see that default tax code can be maintained at several places such as Debtor Maintenance, Stock Item Maintenance, Account Maintenance & Tax Code maintenance?



Answer:

For Sales & Purchase documents, the priority will be given in the following order.


Default tax code 1.png


For GL, AR and AP entries, priority will be given in the following order.


Default tax code 2.png




Note: Please be aware that even though default tax code is set, you are able to select other tax code during transaction/entry.




By: Jessica 180327, KM 180328, P180403



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