on 03-17-2011 10:06 AM
Hi All,
I have created a purchase order to the trader in which i have taken Inclusive of excise tax code.
Now while doing MIGO i have make a tick to MRP indicator also change the base value in excise tab & fill the fields of BED, ECS & HECS whatever vendor has pass on to me & post the document.
Now in MIRO also i have change the base value & simulate the document where the extra G/L of Inventory is appearing.
That amount is 2 % i.e. CST on GR/IR clearing amount of MIGO.
Because of that 2% amount less credited to vendor account.
Please help to resolve the issue.
Regards,
Nandkishor Nachane
Hi,
Since you are choosing the correct tax code @ the time of MIRO, the actual CST calculation is happening at the time of MIRO. Hence it will get posted to the inventory. Please check your MIGO/GR postings. I hope there wont be any CST calculation during GR since you have mentioned a dummy tax code in your PO.
Hope its clear.
As per my understanding the system behaviour is correct.
Thanks & Regards,
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Whether in p.o excise tax code involves CST tax combination ? If it check GR FI postings,whether CST value - 2% is added to material cost(excise base value + CST amount)
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