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Former Member
May 29, 2008 at 05:08 AM

Unique Purchase Scenario

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Hi Experts,

Help me to configure this Unique Purchase Scenario of my client,

Base Price A: Rs.100/-

Base Price B: Rs.150/-

Applicable Tax (E.g 4%.) : Rs.6/- (Pl note this is applicable on Base Price B)

Payment to the Vendor : 100+6 (Base Price A + Applicable on Base Price B)

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Accounting Entries In GR

stock ➕ 100.00

GR /IR account (-) 100.00

Accounting Entries In MIRO

Test Vendor (-) 106

GR /IR account (+)100

VAT Payable (+) 6

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Regards

Meh