on 07-18-2014 11:07 AM
Hi Expert,
we are doing MIRO Entry, with the refrence of PO. in PO Packing Chages Rs.250 Mentioned in Vendor Invoice see the below entry.
Base Amount 4320.00
Add Packing Charges 50.00
Sub Total -1 4370.00
12% Excise Duty 524.40
2% Edu Cess 10.48
1% H/S Ess 5.24
Sub-Total 2 4910.13
12.5 VAT 613.76
G.Total R/o 5524.00
While doing Miro.
VAT amount difference coz of Packing Charges Rs. 50.
wht should i do in this case ..
Kind regards
Pranav Kr.Gupta
Hello,
Check your condition records maintained for VAT calculation.
Thanks
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Hi Chetan,
Ref. above discussion everything is correct only problem is vendor added Extra Packing Charges Rs.50.on Excise invoice. dated may month 2014, J1iex is completed duty is also correct , but while MIRO time why system giving Diff for VAT Calculation.
Tax code is 12 2 1 and VAT 12.5.
Kindly help.
Thx
pranav
Hi Manu,
i have also done the same thing if Vendor charges without PO Refrence Like Packing Charges Extra then you can do GL account give Debit Rs. 50 .. and simulate system will give the post the document. but my concern is VAT 12.5% on Base amount+all three Excise duty then , you can calculate 12.5%. VAT.
why system not correct amount piking 12.5% VAT.
Kindly help me
Thx
Pranav
It will not pick . If you want to reflect as you said . Then Reverse the GR and change the PO with the additional 50 as new Cdn value .Do the GR again and do the Miro posting.
What i have mentioned above is you need to post the Miro without the 50 additional charge ( as its not mentioned in the PO). Then do a sub. dr entry charge manually the 50 and your vat component.
regards
manu
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