Using the Xero API,create a sales invoice for each payment type(i.e. Cash, Debit, AMEX, M/C and Visa, etc) and record a line item for each revenue or liability amount grouped by chart of account and by tax rate. In this example we had $1000 total once you add up all revenues, ...
EXPENSEExpense account FIXEDFixed Asset account INVENTORYInventory Asset account LIABILITYLiability account NONCURRENTNon-current Asset account OTHERINCOMEOther Income account OVERHEADSOverhead account PREPAYMENTPrepayment account REVENUERevenue account SALESSale account ...
CanApplyToEquity Boolean to describe if tax rate can be used for equity accounts i.e. true,false CanApplyToExpenses Boolean to describe if tax rate can be used for expense accounts i.e. true,false CanApplyToLiabilities Boolean to describe if tax rate can be used for liability accounts i....