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

Hi to all, Plz tell me the inter-relation between SD,MM and FICO module. How they integrated in SAP. How they interact with other modules.Which fields are important for this purpose. Thanks

5 Answers   Bosch, Satyam, Tech Mahindra,

What is key figure? : cost center accounting

0 Answers  

Describe mass change/how do you achieve this? : fi- asset accounting

0 Answers  

Explain manual secondary cost planning? : co- cost center accounting

0 Answers  

what r the month end activites for a consultant which enduser cannot do?

3 Answers   Accenture,

what is distribution, and what is assesment

4 Answers   Cap Gemini,

Describe a purchase cycle? : fi- accounts payable

0 Answers  

What is the chart of account and how many charts of accounts can be assigned to a company?

0 Answers  

Can I get a tutor for SAP FICO in & around Marthahalli.

4 Answers  

Why do we need to do Foreign Currency Evaluation

2 Answers   IBM,

How we can transfer balance gl from one fiscal year to another fiscal year? plz, give in detials, it's urgernt.

3 Answers   Cognizant,

Can one chart of accounts be assigned to several company codes?46

0 Answers