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Jun 29, 2010 at 04:11 PM

Non Dedutable tax code issue


Hi Gurus,

I have one issue, User Created PO with non dedutable tax code and Did GR and while doing IR

Invoice Account Details

Posting Accounting G/L Code Act/ mat/Ven Amount

1 K 220000 Vendor code 5050.02-

2 S 230000 GR/IR Clearing Acc 4449.39

3 M 110950 Material code 600.66

Issue is tax amount is 600.66, Why it is posting Accounting Key M as this is non dedutable tax code, so as per my understanding

System shoud post 600.66 to GR/IR clearing account, so why it is posting to M.

Please suggest where it is went wrong?