on 03-27-2019 7:26 AM
Dear All,
My Client wants to sell his asset through SD Cycle , sales price is 5 lakhs and current price after depreciation is 174000 . they want gst should be calculate on current price i.e 174000 yet sales price that hit ERL will be 5 lakhs.
Is this can be done or what else can we suggest?
Thanks
Tushar Saxena
You need to have two pricing condition types with condition class as B - let us assume ZDEP for 174000 and ZASS for 5 lakhs. Now your pricing procedure should be as follows:-
By having such pricing procedure, due to standard functionality, your GST price ZDEP will become inactive and will not have any FI impact but the GST would be calculated and posted based on this value.
Test it and update here
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Hello Tushar,
Asset Sales or Misc. Sales is possible via SD Process. I would expect the Revenue to be posted to Misc sales or Other Sales GL Account.
Howeer, on treatment of Depreciation / Taxes, you will have to get an alignment from your FI Business and IT colleagues.
Thanks,
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