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Message #03090
[Bug 909758] Re: Incorrect accounting of Stock Move when Tax included in price
Hello,
Currently the system does not create tax line in Journal Items when it consider stock valuation
either tax included or excluded in price. But it shows the tax line in Journal Items
when accounting comes into picture.
But according to reported bug, the system should support the above functionality.
So, for the same i invite all the experts to share their opinion about the same.
Waiting for valuable suggestions.
Thanks & Regards,
Devnani Bharat R.
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https://bugs.launchpad.net/bugs/909758
Title:
Incorrect accounting of Stock Move when Tax included in price
Status in OpenERP Addons (modules):
Confirmed
Bug description:
So I have been testing a very basic process related to a Purchase
including a Tax which is checked as ‘Tax Included in Price’. For this
I just create a simple Purchase Order that amounts to a Total of 1000
(115 being Taxes and 885 the corresponding Untaxed Amount). After
confirming it and also confirming the generated Invoice I see that
everything accounts correctly as the Invoice does debit the untaxed
amount (885). But when you process the incoming shipment, you see that
the accounted amount takes into consideration only quantity and price,
ignoring any related taxes and thus crediting the full amount (1000)
on the corresponding account (and if you are using an interim account
as in anglo-saxon, you don’t get that account to balance correctly).
Seems to me that ultimately, your inventory account should be debited
only with the untaxed amount for future inventory valuation. Or is
otherwise the error lying in the accounting of the Invoice? Or is
there some other explanation that I’m missing here? Thank you in
advance for your advice.
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References