1 question plz it is a bit urgent.
When we are posting a transaction with service tax(say
12.5%)ok,
Now say the total amount is rs.100,000 now my question is
Here we have given 12.5% tax.Do we have to calculate
Seperatelly the tax amount(100,000*12.5%) or it will
Calculate on it's own.
If so what is the procedure to make it calculate it
Automatically.
Plz reply soon

Answer Posted / ravi

we calculate on the Gross Bill Amount. If the Gross Bill
Amount is 100000*12.5%=12500. then, the Receiveble amount of
is 112500.

Is This Answer Correct ?    1 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Describe number range interval. : fi- general ledger accounting

707


How is account type connected to document type? : fi- general ledger accounting

694


What is payment advice? : fi- accounts receivable

696


In sap fico what are the terms of payment and where are they stored?

711


What is account group? What does it control?

642






What is the purpose of "document type" in sap?

658


please any body can tell me ,what reponsibilities and roles should a sap fico consultant do in the job

1523


What are the segments of gl master record? : fi- general ledger

670


Can you tell me Product costing to CO-PA integration step by step ? Technical things ?

1618


In period 1 there is a wip posted of 22000 usd in period 2 some further goods issue are done to the extent of 15000 usd. How will system calculate wip for period 2?

581


Explain about asset master?

692


What is a credit memo? : fi- accounts payable

609


What is cost based profitability analysis? : cost center accounting

575


After creating a customer/vendor, how can we check that under which account group we have configured this customer/vendor?

609


Dear HR. i really request you please suggest me a right Institutes where i can learn SAP FI CO and other module plse send me mail on amol_bhakti@yahoo.in

2049