on 01-23-2019 7:10 PM
Dear,
I'm looking for an explanation on how to post a vendor invoice in FI FB60 transaction when local and central tax are applicable.
What I understand from GST rules is that 2 percentages (local and central) are applicable on one base amount.
Posting should result in
C Vendor 113
D Purchase account 100
D Tax account code 1 5
D Tax account code 2 8
What is the best practice for
1) customizing of tax code (2 taxes code or 1 tax code with 2 %) ?
2) posting the invoice in FB60
Thanks for your help
Hi There,
In FB60, you need to use single tax code with SGST & CGST tax rate with valid condition records, pls proceed and do let us know if you face any issue!
Thanks,
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Hi,
You need to create CGST and SGST conditions with access sequence Country - Tax code (Table 003) for posting GST tax through FB60.
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Hi Ankur,
Thanks for your answer.
It is working perfectly indeed, but I wanted to have a confirmation that this was a best practice for indian GST and that it was respecting all the GST other process & tools.
Véronique
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