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Former Member
May 16, 2008 at 04:49 AM

Posting keys in Service Tax

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Hi,

I have created three condition types for Sevice tax,Service Tax cess and Servcie tax Higher Sec cess & also the account keys and assigned in TAXINJ.

One Tax code also created.

When i try to maintain in OB40,tax code and G/L account

error appears as

"POSTING KEYS NOT DEFINED"

Kindly confirm whether new posting keys to be created for the Service Tax or existing keys can be used.

If i create new posting keys, is there any setting to be maintained further.

Please explain.

Will be rewarded.

Regards