CST ON STOCK

[Former Member]

Dear Experts,

Please let me know, How to add CST(which is not refundable that means we cannot take set-off for tax calculation) on stock for consumption in SAP BUSINESS ONE.

Thanks & Regards,

Akshata

[Former Member]

Hi Akshata......

Please do this setting......

Go to Administration> Setup> Financials> Tax> Tax Type--> Select CST and double click.

This will open the Tax Type Window where you will find the Column Non Deductible.

Simply give 100%

This setting will enable the CST Amount to go to Item Cost as its Non Refundable.......

Regards,

Rahul

[Former Member]

Dear Rahul sir,

I have done setting as per your instruction in test database. For testing, i have made one GRPO of one item & checked inventory posting list of that item but cst not showing item cost.

Thanks & Regards,

Akshata

[Former Member]

Hi Akshata Mam.....

Effect will take place only when you raise AP Invoice......

Please create it and then see the effect through Inventory Audit Report.....

Regards,

Rahul

[Former Member]

Dear Rahul sir,

I have made A/P invoice & i have checked item which is included A/P invoice in INVENTORY AUDIT REPORT but it is not showing item cost including CST.

Thanks & Regards,

Akshata

[Former Member]

Akshata.......

You need to be sure that when you raise AP invoice which ever warehouse youu have taken the GRN in the stock should be in the same warehouse.......

Is that happening?

Regards,

Rahul

[Former Member]

Dear Rahul sir,

No......... I have checked i have made A/P invoice in same warehouse which is in GRPO............

Thanks & Regards,

Akshata

[Former Member]

Hi Akshata......

I mean to say when you raise AP Invoice at that time the stock you take in while GRPO in the particular warehouse is that still present in the same warehouse or it is transfered to other warehouse or consumed?

Regards,

Rahul

[Former Member]

Dear Rahul,

Yes it is still present in same warehouse. I didn't transfter the stock in another warehouse.

Thanks & Regards,

Akshata

[Former Member]

If you are sure then this might be the System bug that after settings also your CST Cost is not going to Item Cost......

Regards,

Rahul

[Former Member]

Dear Rahul sir,

Thanks...... i have made wrong setting. Actually i have selected non- deductable account also thats why it was happened.

Thanks & Regards,

Akshata