Adding Taxes and Cost Centers to Journal Entries

To add a tax or a cost center to journal entries, you need to activate this setting first. We will review the steps in this guide.

Click on “Accounting Settings” from the “Accounting” dropdown menu in the main menu, then select “General“.

 

• Activate the “Display Tax In The Journal Entries” option to be able to assign taxes to journal entries during the addition process.
• Activate the “Display Cost Center In The Journal Entries” option to be able to assign cost centers to journal entries during the addition process.Then click the “Save” button.

 

After activation, you can click on “Add Entry” from the “Accounting” dropdown menu in the main menu to find the fields for selecting the cost center and the tax you want to apply to this entry.