Specifications in G/L Accounts
You can make specifications for calculating, checking, and posting taxes on sales/purchases in three fields in G/L accounts. These are:
By means of this field, you determine in the master record of a G/L account whether the account is a tax account, a tax-relevant G/L account, or a G/L account that is not tax-relevant. For a tax-relevant G/L account, you can determine the tax codes that can be used to post to the account.
Posting without taxes allowed
Automatic posting only
For each account, you can use this field to determine whether you want to have the account posted to by the system only, that is automatically, or manually as well.
See also:Tax Accounts Reconciliation Accounts Other G/L Accounts Change to the Specifications in G/L Accounts Tax Adjustment for Payment Transactions