1 question plz it is a bit urgent.
When we are posting a transaction with service tax(say
12.5%)ok,
Now say the total amount is rs.100,000 now my question is
Here we have given 12.5% tax.Do we have to calculate
Seperatelly the tax amount(100,000*12.5%) or it will
Calculate on it's own.
If so what is the procedure to make it calculate it
Automatically.
Plz reply soon

Answer Posted / ravi

we calculate on the Gross Bill Amount. If the Gross Bill
Amount is 100000*12.5%=12500. then, the Receiveble amount of
is 112500.

Is This Answer Correct ?    1 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

We use statistical internal orders to have more detail on the cost center for tracking activities in a vineyard. Example would be different operational cost centers buy supplies for pruning, fertilizing, planting, frost control, etc so we have internal orders to add to cost center and gl acct. GL acct is type of expense, labor, supplies, equipment etc. How can I get my internal orders at my cost centers to display both actual and plan in my report. the flext table does not store both cost objects so it will not work.....

1260


what do you mean by the tolerance group?

611


Explain the importance of asset classes in the sap software?

615


May i know the difference between Direct capitalisation and AUC capitalisation in Fixed Assets

14625


Hai i completed MBA finance and done SAP FICO than i want start my carrer with sap fico entry level .Is there any openings such jobs .suggest me any one plz................

1528






what is the role of Functional Consultant in end to end implementation?

1402


If U Need Anyone Home Tutor for SAP FICO,contact 8951845120 Very Less Fee With Real time Issues Discussion.in Marathahalli Surrounding Area,Banglore

1696


Explain fi-mm integration? : fi- accounts payable

808


In customizing "company code productive" means what? What does it denote?

903


What is gl master record? How is the field status of gl master record maintained?

614


How Systems post value in Gl Account at the time of Goods received, Invoice received means what is the System Configuration or tell me the FI-MM Configuration?

1800


What do you mean by assembly scrap and how is it maintained in sap?

657


How do you go about configuring asset accounting?

654


Steps to config IT Depreciation

2136


You want to revalue the production orders using actual activity prices. Is there any configuration setting?

612