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Oct 23, 2012 at 11:50 AM

VAT line itme does not appear during invoice verification


Hi Experts,

I have created a PO with tax code SS (excise 10% + Cess 2% + SHcess 1% + VAT 5.5%)

Excise , cess and SH cess has to add to material basic value and VAT 5.5% has to post to separate gl while doing invoice verification.

Material price - 15000/-

Excise - 10%

Cess- 2% on 10%

SH cess- 1% on 10%

Total material price is 16545/- (including excise duty)

Vat 5.5% on 16545 is - 909.97

When i do MIGO, system posts following entry-

Stock A/c 16545 Dr.

GR/IR a/c 16545 Cr.

But when doing invoice verification (MIRO)

System posts following entry without taking into account VAT amount:

GR/IR Account 16545/- Dr.

Vendor account 16545/- Cr.

I have assigned tax code in OB40 in VST transaction key.

Please suggest if i have missed out any step.