Answer / sudharsan

When we make MIRO

GR/IR Clearing A/c Dr
Vat A/c Dr
Supplier Control A/c Cr

Answer / jagadeesh.p

Hi this jagadeesh CA,
First we need to classifie VAT as VAT claimable & not claimable
1.VAT paid on procurement of RM with in the state can be claimable against VAT payable on sales as CST
2.VAT paid on procurement of RM from out side state con't be claimable and portion of VAT should be added to the cost of material
3.Entry on purchase of RM
RM a/c DR XXXXX
VAT receivable a/c DR XXX
Party a/c cr xxxxx
4. On sale
Bank a/c DR XXXX
VAT payable a/c xxx
Sales a/c xxxxx
5.IF VAT receivable is more than VAT payable at end of the period then show the balance under assets side bellow the loans& advance and claim for refund otherwise if it is case at the end of quarter then in subsequent quarter we can adjust same with VAT payable and vise ver....

Answer / seetaram.bandla

Hi All,

MIGO: Stock A/c Dr
GR/IR A/c Cr
Posting Excise Invoice
RG23A A/c Dr
Excise payable A/c Cr
Vendor Invoice
Vendor A/c Cr
GR/IR A/c Dr
Excise Payable Dr

Answer / guest

calculation on base amount
===========================
sales invoice: customer a/c (01) dr.
To sales a/c (50)
calculation on Net amount
===========================
sales invoice: sales a/c (50)
customer a/c (01)

We can do for Purchases also in AP postings

Answer / noorulla

when we purchase we have to pay vat in f-53.
vendor a/c 10000
to bank a/c 9000
to vat a/c 1000

when we sale to customer,customer has to pay vat inf-28
bank a/c 9000
vat a/c 1000
customer 10000

ok

noorulla
siddavaram.nurulla@yahoo.com

Answer / vivek

Journal Entry for accounting VAR in SAP for T-Code f-02

Answer / theogarajan

salary of sap fico

when goods transfer to one plant to another plant how it is happen in real time and if any entries pls tell me

1 Answers   IBM,

Explain what is validations and substitutions in sap?

0 Answers  

If a company has 4 company codes, 12 plants and 3 sales offices. In this situation how many profit centers and cost centers does this company contains?

3 Answers   IBM, Infosys,

Define Statistical Key Figure?

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What is posting key? What is its role?

1 Answers  

in which process vendor data are uploaded in bdc

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What is the difference between Assessment and Distribution and in what context they are used?

2 Answers  

Explain the organizational assignment in the controlling module?

0 Answers  

We always copy company code or we can create manually also? If possible give reasons also.

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What are the types of depreciation methods? : fi- asset accounting

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What is Regression Testing?

3 Answers  

How do you keep the fi posting period open only for certain gl codes?

0 Answers