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Former Member
Jan 31, 2011 at 10:21 AM

WCT at the time of Payment

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Hi

At the time of Invoice they are not considering WCT (that has been deducted by the customer)

So at the time of payment the amount will be adjusted.

E.g for the document entry:

At the time of Invoice

S. Drs. Dr. 112

Revnue Cr. 100

Service Tax Cr. 12

At the time of Payment

Bank Dr. 106

TDS Dr. 2

WCT Dr. 4

S. Drs. Cr. 112

How can it be take care in the system?