Hopefully this will make sense:
Our company is trying to figure out how to code, or whatever, our Supplier BP invoices to show that we were not taxed and should have been so we can run a report to decided what we owe for sales tax.
OR if we can somehow code the invoices to be marked as we didnt get charged tax so they show up in a report and we then decipher on our own from that list what we should have paid tax on.
Just to get a discussion going i'll start this.
I assume the issue is that you are a manufacturing entity and in your State of domicile things that go into the product you make are not taxable when you purchase them. Some items are taxable because they don't fall into the definition of non taxable items consumed in manufacturing a product.
On the supplier BP invoices there is a field for tax codes. Set up a tax code for items in this group. If you want to get fancy you could even work out a way to accrue the tax as you post the payable rather than calculating it later off a report.
Will that work?
