Tax to be credited

[Former Member]

Dear Members,

We are making an entry with FB01, the GST Tax Payable should be credited but it is being debited

The CGST & SGST should be credited & debited. In earlier Tax scenarios of Sevice tax, swacch Bharat tax, tax payable used to be credited.

Please suggest how should this be done. The receivable part is working fine.

Regards

Gayatri

[former_member183424]

The CGST & SGST should be credited & debited.

What does it mean by that?

Check the amount maintained in FTXP for the particular tax code.

[Lakshmipathi]

Please discuss with your FI consultant if you are not a FI consultant. Normally, debit and credit postings will happen based on the Posting Key what we set in configuration