Hi all,
We have configured withholding tax for an Indian company. We have followed this configuration guide: http://www.sapficoconsultant.com/pdf/Extended%20Withholding%20tax%20configuration.pdf
We have configured all that they have done for India. The steps that they have skipped have we also skipped.
Our customer tells us that the invoice posting should be like this:
Vendor 9000 credit
Rent 10000 debit
VAT 1000 credit
When we register an invoice in FB60 how will we do to get the result above?
What will happen when we pay the invoice?
What happen with the VAT?
Please answer. We have never worked with an Indian customer and don´t know the Indian rules.
BR
L