Announcement:
wanna exchange links? contact me at sapchatroom@gmail.com.
Posted by
Admin at
Question from SAPFIsandeep on Jul 5 at 1:36 AM Dear friends,
As per new service tax law:
60% of service tax will be credited to vendor and 40% will payable by
company direct to the authorities and a credit of service tax will go to
the service tax credit gl.
Means if 12.36% is service tax
service dr 100/-
service tax credit dr 12.36 ( Balance sheet account assets side)
vendor cr- 107.42
service tax payable -cr 4.94( Balance sheet account current Liability side)
Please advise how to configure tax code, pricing for service po, and how to
make direct fi posting
--
With warm regards,
Sandeep Jain ( Choraria)
SAP Certified Associate
| Reply to this email to post your response. __.____._ |   _.____.__ |
