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Re: Ability to assign multiple tax accounting codes for VAT‰Û¡ÌÝÌÏ - Status changed to: More Feedback Needed

Ability to assign multiple tax accounting codes for VAT‰Û¡ÌÝÌÏ

In Europe, VAT is reported into separate GL accounts for each country and sometimes product type.
Zuora is limited to assigning a single accounting code for all VAT.

Ability to assign multiple accounting codes for VAT tax‰Û¡ÌÝÌÏ
Ability to assign accounting codes at Tax Rate level.

3 Comments
Community Manager
Status changed to: More Feedback Needed
 
Community Manager
Status changed to: Under Consideration
 

I don't see the name of the persion that posted this, but this sounds a bit conflicting to me with the Zuora model in mind.

 

Did you think of the following solution for this: use Segments based on country or region. Then journal entries (including the taxation item) will be split by country accordingly and thus creating many separate journal entries, with the export it is fairly easy to amend the codes to your liking.

 

 

Alexander Demes

senior business consultant

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