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Oct 03, 2019 at 05:08 AM

GST ADJUSTMENT IN BANK CHARGES

328 Views Last edit Oct 03, 2019 at 05:09 AM 2 rev

Dear Experts,

My all banks are charging bank charges with GST on Bank charges. Example: Bank charged Rs. 250 from my account as Bank Charges. In this case, the bank charges CGST and SGST @ 9% each because GST on Bank Charges and interest is 18%. So the entry will be like this:
Bank Charges Dr. 250.00
CGST Dr. 22.50
SGST Dr. 22.50
ABC Bank Cr. 295.00

I want to claim the tax amount. So how I deal with this scenario in sap B1. Please provide me a better solution

Thanks & Regards,

Sreesaj S