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Payment to Foreign Vendors including Bank Charges

Hi All,

We have below scenario while making advance payment to Foreign Vendors.

1. Advance to Vendor in USD

Vendor with SPL GL Dr

Bank Cr

2. There is bank Charges in INR that includes Service tax also

Bank Charges Dr

Service Tax rec Dr (10.3%)

Bank Cr

3. In this scenario bank additional amount as Service Tax

In Legacy System user is making Entry as follows:

Service tax rec Dr

Bank Cr

I want to know how to pass this entry in SAP

Please guide

Regards,

Vivek

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  • author's profile photo Former Member
    Former Member
    Posted on Dec 14, 2011 at 05:06 AM

    HI

    in SAP will generated entry for

    Vendor a/c Dr 100 rs

    Bank charges Dr 10.3

    Bank a/c 110.3

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