How to setup auto selection of taxes on a purchase invoice

If you manage multiple entities, you can set- up default applicable taxes in your masters.
Auto selection is done based on the GST number associated with the entity under which the duty is performed. As a result, the correct applicable tax will be automatically selected for your incoming purchase invoices. This guide will take you through the steps of setting up and managing these default taxes

a) How to setup default taxes for customer and supplier entities
b) Auto selection of taxes on purchase invoice

a) How to setup?

Step 1: Set default taxes for your entities

Go to Masters - Customer - Select customer - EDIT - Enter taxes in columns for Applicable Taxes and Interstate Taxes - Save



Step 2: Set default taxes for supplier entities

Go to Masters - Supplier - EDIT - Under Applicable taxes enter & Interstate Taxes mention the taxes - Save



b) Auto selection of taxes on purchase invoice: Once your supplier has completed duty, based on the GST number set in your Customer master and Supplier master the applicable taxes will be automatically selected

Go to Operations - Purchase Invoice - Click on Incoming - Select Create Purhcase Invoice - Based on the supplier entity duty is performed under taxes are auto-selected



Note: In the absence of a GST number in either the customer or company details, taxes will be determined by the GST number that is entered

Updated on: 01/12/2023