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Former Member
Jul 04, 2007 at 05:18 AM

Tax code


Hi Gurus,

MM guys have aprroached to create a tax code for non modvatable.

Finance guys dont want a line item for tax and entire invoice value should go to expenses a/c. eg: spares a/c.

Clinet is following a method of creatng tax code which will have no financial implication. MM uses this in the P.O

Is there any other alternative. Because i am in the view this is not a correct practice. If there is no seperate line item,tax code is unnecessarily created.

Useful answer is appreciated with points