View Transaction Tax Liability for Companies
View a summary of your company tax liability for sales and purchasing transactions.
- Access theTransaction Tax Liabilityreport.
- To narrow your search, specify the company, currency, and date range.
- As you review the tabs, consider:TabDescriptionTransactions by Tax AuthorityView a list of transactions by:
- Tax authority.
- Total sales amount and tax collected for sales transactions.
- Total purchase amount and tax paid or self-assessed for purchase transactions.
- Recoverable amount of the tax paid.
The report also calculates the net tax due to the tax authority, which is the combination of collected and self-assessed tax minus the recoverable tax. Click each amount to see the transactions that make up the amount.Transactions without Tax CodeLists total sales and purchase amounts for transactions without a tax code, grouped by tax applicability.