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