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Former Member

About RCM Setup in business 1 Version 9.1

Dear Experts,

Please help me to get any document where i can get the details about the RCM on Service Tax.

About RCM Setup in business 1 Version 9.1

Thanks & Regards,

SAchin

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1 Answer

  • Jul 30, 2015 at 09:35 AM

    Hi Sachin

    Check the below link it may helps you

    With Regards

    Balaji Sampath

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    • Former Member

      Thanks Mr. Balaji,

      I have gone through the link, but in my suituation, i need to do RCM for 100% and 40 %

      I have created tax formula of service Tax as given here -(total*0.40) but in this i am not getting the Payable amount in Journal in credit side. its getting added in the Vendor amount in credit.

      requirement from my client is to reconcile the receivable and payable amount of RCM in Same Entry, Either 100% or 40%

      As I checked and found i can create RCM Component in the Freight Charges at document Level and map to the RCM Payable G/L, which will appear in the Credit side of Journal.

      But it is only work around,

      I need if any other direct way to map it please let me know.

      Thanks & Regards,

      Sachin