We calculate TAx for Our Vendors/Customers when the
transaction is completed Right.
Then y can't we calculate Tax(If the year ends) When the
Partial payment is done i.e DownPayment/Received. Please
Reply.
- 2 Answers
- 6405 Views
- SAT InfoTech, I also Faced
- E-Mail Answers
Answer Posted / choudary
All ways Tax liability will create on Inovice
(Purchase/Sale). Input Tax / Output Tax is no way related
to the advance payments.
Hence in this case Tax will be calculated on Invoice amt
and Advance payment will be adjusted against invoice during
the special periods and transaction will be completed
during the financial year only.
Any clarification further please mail.
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
Automatic clearing Ib OB74 based on criteria I have defined document type and account no. and whether it cleared automatically or we have to go to F.13 do test run after that we will clear the document
How do you define credit control area in fi?
What is a sort key and what is it used for?
What is the company code in sap?
How is component scrap maintained in sap?
1.HOW TO SPECIFY THE BANK OVER DRAFT LIMIT IN SAP TO BANK ACCOUNTS 2.IN ACCOUNTS PAYABLE FOR APP HOW TO PROCESS THE RECEIPT IN CASE FOR A VENDOR WHO IS ALSO A CUSTOMER AND FROM WHOM AMOUNT IS RECEIVABLE.
If U Need Anyone Home Tutor for SAP FICO,contact 8951845120 Very Less Fee With Real time Issues Discussion.in Marathahalli Surrounding Area,Banglore
Tell me about complete manual Payment in sap fi/co ? Business things ?
Is business area at company code level?
Explain cash management in sap? : fi- general ledger
What are the performances issue to be in mind when configuring profitability analysis (copa)?
We are are looking to take the IS-Utility payment from the third party software where one API will be called with the variable input parameter (Business Partner/ Amount/ Bill reference number and so on..). and we are trying to post the payment in transaction FPCD cask desk for which we have searched several Functional Module but it do not worked and with BDC recording the transaction we are not able to save. kindly suggest any other payment method and Function Module, to figure out this solution.
What do you mean by component scrap?
What are price reports? Where do you find them in sap system? : cost center accounting
Outline credit management in sap? : fi- accounts receivable
