Improved tax tracking for Accounts Payable
We've taken your feedback and we are happy to announce new functionality for tracking different types of taxes when creating bills in the Accounts Payable tab.
When adding items into a bill, you will have the ability to choose custom tax selections for each individual line. This new line tax information is easy to find on the bills page and will be available for export for easily adding tax information into your accounting systems.
By tracking taxes by line items in bills you now have:
- Ability to apply specific taxes for each line item
- Ability to cost allocation taxes and apply account codes if necessary
- Ability to see a breakdown of tax amounts
- Ability to export a bill with tax information
These changes are now available and if you'd like to learn how to use the new tax function check out our how to guide on our knowledge base.
If you have any questions we are happy to chat!