I am running a trial balance using the Management Pack S-4-1 (Evo)
Can someone please explain how the management pack calculates the Tax as reported in the Income Statement.
I cannot seem to get the logic of this
Could you be a little more specific, please? The Income Statement reports on VAT exclusive revenue and expenses, so I am not sure exactly what tax you are referring to.
The tax is NOT CALCULATED in the management pack. It only picks up the amounts from the GL accounts which have the Account Type "Tax Expense".