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
- 7 Answers
- 8217 Views
- I also Faced
- E-Mail Answers
Answer Posted / balaram
system calculated it automatically and post the accounting entry like serive tax Dr
To Service tax Payable Cr Here Service tax is a automatic posting entry like vat payble.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Please what do you think i have done wrong when i receive a'No form could be determined in the interest calculation form table for the following arguments' after executing in F.26(Customer Interest Scale) calculating interest.
What happens in an actual costing run?
How do you copy plan data from one period to another? : co- cost center accounting
While posting transaction, can we give cost centre / production order at time?
Explain reposting in cost center accounting? : co- cost center accounting
What is a plan version? : co- cost center accounting
Hi, Here is an interview question. What are errors we will face in FI-MM, FI-SD, COPA integration. How u will solve. Sravan
What do you mean by chart of accounts? What is it used for? What are its important elements? How many chart accounts can be assinged to a company?
Difference between structure and unstructured in MT940 In Bank reconciliation statement?
Explain the term sap fico?
in payment terms what is the use of day light?in fsg 1 feild we can not control what is that feild.pls give the ans for this 2 questions
Hi, I am a FI consultant with 1.6 yrs experience..can anybody help me to learn CIN FI part..mail me if u have any documents related to that..rajendranmba@gmail.com....thanks.
Sir, I am configuring the interestin gl account, but i could not generate the report. like bank od a/c ledger, Interest on OD ledger. How I will generate this report in fico.
What is a lean implementation in fi-aa? : fi- asset accounting
Explain about sap fico?
