cin configuration and new gl configuration
Answer / ali
CIN (Country india version)
the configuration consist in the cin
1 Tax on sales and purchases (VAT, CST and Service tax)
2 With holding tax (TDS)
3 Exice Duty
New gl for different gl's the new gl configuration consist
1 leading and non leading ledgers
2 document splitting
3 segment reporting
Is This Answer Correct ? | 2 Yes | 1 No |
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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