"Is this tax included in basic rate", and its affect to tax journal entry

ERPNext Accounting
1

Hi everyone,
We have a tax that that need to be included in the print of the items that we are selling. So I ticked on the above while making the taxes and charges template. Now as expected in the sales invoice, tax breakdown doesn’t show the relevant tax.
Before I go on doing a trail, would like to know while that is ticked when we submit the invoice does the relevant tax journal gets credited with the value RATE/(1+TAX)?

BR
Thilina

2

Yes. To confirm the same, you can check General Ledger report for that Sales Invoice.

3

@umair, superb and thanks. Consider question answered.

BR

4

If you have used ERPNext, and liked it, then please help us spread the word by submitting your reviews on the following sites.

http://www.capterra.com/enterprise-resource-planning-software/spotlight/132657/ERPNext/Web%20Notes%20Technologies

http://alternativeto.net/software/erpnext/

https://www.getapp.com/operations-management-software/a/iwebnotes/

We as a community can achieve lot more than as individuals.