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Apr 22, 2010 at 03:27 AM

Wrong entry posted for tax code

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Hi created 1G as a tax code in FTXP

In FV11, i gave tax percentage in key combination 'tax classification' in following condition types:

ZSER

ZECS

ZHEC

In all three i gave tax percentage as 10%, 2%, 1% respectively (all three are positive)

Now when i used this tax code in FB60 (FI Vendor invoices) entry was shown as

Expense A/c.. Dr 500000

To Vendor A/c 600000

To Service Tax 91000

To Service Tax (EC) 6000

To Service Tax (SHEC) 3000

All these service tax accounts should be debited and not credited. Let me know the reason.

Edited by: Deepak Agrawal on Apr 22, 2010 8:57 AM