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 / hari
Dear,
Here the 100000 is iclusive of 5% tax.
The calculation (If 5%) is (5/105)*100000=4,761.91.
Enjoy!
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What are the fundamental components of dialog program?
What type of steps comes from Product Costing to CO-PA ?
What do you mean by component scrap?
What is a line item? : fi- general ledger
What is a bank director in sap? : fi- accounts receivable
How is account type connected to document type? : fi- general ledger accounting
Explain the importance of asset classes in the sap software?
Why do you need country chart of accounts?
At the time of sap implementation what are the basic details required by CO guy, SD, MM, and PP guy from a FI guy...?
Why do we use sap fi?
Explain fi-mm integration? : fi- accounts payable
Differentiate manual check deposit from electronic check deposit? : fi- general ledger
What is the chart of account and how many charts of accounts can be assigned to a company?
Explain bank statement in cash management? : fi- general ledger
There are result analysis categories in wip (work in process). What do you mean by the result analysis category reserves for unrealized costs?