Maybe I missed a release announcement, but I can’t find anything about this topic on the forum.
The development of segregated reporting for multiple components of custom tax codes has disappeared from the Roadmap, implying that @lubos considered the matter closed . Under
Tax Codes, individual custom tax code components now show an
Account field. The gray, default entry in that field is
Tax liability, suggesting that
Tax liability is a control account. But the default control account when I set up my chart of accounts was
Tax payable, which still shows in gray text as such below my renamed account title. If I create a new custom tax code, the default assigned account is now
Tax liability. But I have no such account.
The only other choice available in the
Account dropdown box is
Accounts payable. Meanwhile, tax liabilities for both previously created and new custom tax codes continue to be assigned to the original, default
Tax payable account and cannot be segregated for reporting purposes. That continues to be a problem, because I collect four different sales taxes payable to four different taxing authorities on four different schedules.
So, several questions:
What happened to the control account
Tax payable? Is it now
Tax liability? If so, why does the new name not appear as the default in the chart of accounts?
What is the new plan for segregated reporting of custom tax code components?
Why can I not select
Tax payableas the assigned account for a custom tax component? Why, of all my liability accounts, can I only select
Is this somehow tied up in ongoing development of custom control accounts? Will any of this confusion be resolved as custom control accounts continue to be rolled out?