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How to Create Fiscal Positions (Inter Company)

1. Accounting module> Configuration> Fiscal Position.


2. Create/ select a intercompany account.


3. If the company is within New Zealand (Myriad Pharmasicals), you don't do tax mapping. Just do accounting mapping only and save.



4. If the company is not within New Zealand (OPC Pty Ltd), you need to do both tax and account mapping.


5. Then go back to the main menu and go to contact module and create a new contact set the fiscal position


6. To confirm that the transactions are over written  create a new invoice






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