Hello All,
I have a requirement from the client wherein the client needs to pay IGST-18% to the customs when they are sending the material outside India.
In such cases there will be 2 foreign exchange rates one is the exchange rate which is maintained through OB08 and the other is the Customs exchange rate on which the IGST is paid and this IGST amount will appear as an accrual in the Provisional GL and will not impact customer receivables.
At the time of invoice posting the IGST amount should be calculated at the customs exchange rate and the customer receivable should be calculated at the rate defined in OB08.
Can someone please help me with solution which is urgently required.