Happy Business Starts Here

Update Taxation Items when Invoice is Posted

Currently Taxation Items cannot be updated if Invioices are in "Posted" status. This is unusual since Invoice Items are allowed to be updated if Invoice is Posted. The use case where this is needed is when a customer wants to update Tax Items with Currency Conversion data (legal entity currency). The problem is that we cannot update the Currency conversion custom fields on Tax Items when an Invoice is in Draft status becuase the amount could change between the time when the Invoice may be Posted. Setting the currency conversion data on Tax Items is ensured to remain accurate only if you can update those custom fields after the Invoice has Posted. Adding this functionality would benefit our international business clients that deal with Legal Entity currency conversion.

1 Comment
Savvy Scholar KE
Savvy Scholar

Completely agree with this! From an accounting perspective it is more relevant to update at the posted status as values can change between draft and posted status.