Skip to Content
0
Former Member
Feb 23, 2011 at 04:23 AM

Service Tax On Down Payment and Tax Payment Wizard

35 Views

Hi All,

We would like to make a down payment and apply service tax to it.

Once i create a AP Down payment invoice with the service tax, make an outgoing payment against it, create AP Invoice and adjust the down payment, now after following this procedure, when i run the tax payment wizard, the service credit available becomes zero.

It works well in case of partial payment but not 100% advance. Has anyone faced this issue??

How can this be resolved?

Thanks,

Joseph