Can anybody please help me to understand how is the tax calculated when posting a Goods Receipt for a Purchase Order which doesn't have tax specified?
I have created a PO for Quantity 15 - £20/EA => £300 - no tax specified on the PO
The GR was posted with a value of £438.89.
I am working on a test system and cannot figure out how the tax is deducted.
Many thanks in advance!
EB