We calculate TAx for Our Vendors/Customers when the
transaction is completed Right.
Then y can't we calculate Tax(If the year ends) When the
Partial payment is done i.e DownPayment/Received. Please
Reply.
Answer Posted / rkkantheti
we can calculate tax on partial payment also but it is not
clear to understand because the amount of tax will be
seperated till the transaction completed (payment/receipt
depends on payment terms ) to avoid this confusion we
calculate tax when the transaction completed
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
can we create house for multiple company codes?is it possible to pay cross company code payments? if why please give me answer. thanks for advance
What are the benefits of a data quality solution?
Is business area at company code level?
Is it possible to print the financial statement version on a sapscript form?
What are the categories of variances in co-om-cca? : co- cost center accounting
In accounts receivable, what is the difference between the 'residual payment' and 'part payment' methods of allocating cash?
What is the purpose of payment methods and when are they stored?
Someone kindly explain to me where can i set up in vendor master Cost Center / Business Center / Segments Optional, please help freind. i cant find out. i waiting for my sap group freinds valid responds
What is the Pre-mapping and Matching?
How do you define key figures in sap system? : cost center accounting
What is a special period? When do you use it?
Which is the payment term which actually gets defaulted in transaction (accounting view or purchasing view)?
How do you manage relationship between two currencies in sap fi?
How do you maintain currency in sap?
could you plz help me understanding or give an example about the accounting treatment "journal entry" in MM business cycle at the following : 1- When goods receipt 2- when MODVAT are Captured 3- Invoice varification 4- vendor payment and please how i could revers an entry when material is rejected thanks