can one coa be assigned to several companies..?
Answers were Sorted based on User's Feedback
Answer / neelam garg
Yes, we can assign one chart of Account to Several companies
Is This Answer Correct ? | 7 Yes | 0 No |
Answer / sudhir ahuja
Yes, one chart of accounts can use several company codes,
but we can not assign and we con't use several chart of
accounts to one company code
Is This Answer Correct ? | 4 Yes | 0 No |
Hi Friends, I have configured the tax on sale and purchase, if I select “calculate taxes on net amount” in editing option then it calculate the tax correctly. But I want to calculate the tax out of gross amount of the invoice. For example I get a invoice for Rs. 20,000/- and now I want to calculate the tax out of Rs. 20,000/- (20000/1.04=19230 taxable amount and tax is 770/-). I would be appreciate if any body can help me in this regard and tell me the configuration of the same. Regards Anil Kumar
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