General ledger> Setup> Posting> Purchase duty

Use this form to create a purchase duty abbreviation to use in the sales tax report, and select posting accounts and authority.

A purchase duty is a tax on incoming sales tax and is calculated as a percentage of the paid sales tax.

Note
If you want a sales tax code to be included in the purchase duty calculation, select the Purchase dutycheck box in the Sales tax codes form.

Navigating the form

The following tables provide descriptions for the controls in this form.

Button	Description
Purchase duty value	Define purchase duty values and date intervals.
Transactions	View purchase duty transactions.

Field	Description
Purchase duty	Enter an abbreviation for identification of the purchase duty code to be used in sales tax reports.
Description	Enter a short description of the purchase duty code.
Duty account	Select the balance account for posting the purchase duty.
Cost account	Select the cost account for posting the purchase duty.
Settle account	Select the account for settling the purchase duty.
Authority	Select the tax authority to receive the purchase duty.