Dear all,
There is some problem in GTM settings, I have missed out some settings. The issue is ....
suppose when I create unapplied voucher of Rs 100/- , Rs 15/- is TDS
which I have to pay to government. It means that I have to pay to supplier Rs 85/- . The way I have done the setups, it calculate correct tax amt , but when I take supplier account inquiry it shows Rs 100/- but It should show Rs 85/-.
In the tax rate maintenance following things are done..
tax rate; -15 percent
accrue taxes at receipts ; yes
allow tax inclued ; yes
ap retained;64554 yes
tax method;01
The tax rate percentage are in negative.I think these are the major setting affect the tax calculations. Rest are default. should I put "tax in" as "yes.what should I do to apply taxes on unapplied voucher. dear friends kindly give your views on this...thanks....
There is some problem in GTM settings, I have missed out some settings. The issue is ....
suppose when I create unapplied voucher of Rs 100/- , Rs 15/- is TDS
which I have to pay to government. It means that I have to pay to supplier Rs 85/- . The way I have done the setups, it calculate correct tax amt , but when I take supplier account inquiry it shows Rs 100/- but It should show Rs 85/-.
In the tax rate maintenance following things are done..
tax rate; -15 percent
accrue taxes at receipts ; yes
allow tax inclued ; yes
ap retained;64554 yes
tax method;01
The tax rate percentage are in negative.I think these are the major setting affect the tax calculations. Rest are default. should I put "tax in" as "yes.what should I do to apply taxes on unapplied voucher. dear friends kindly give your views on this...thanks....
