MIRO requirment

[Venkat_Kamatham]

Hi gurus,

Process:

1) Raised service PO

2) Capture service entry sheet based on PO

3) we do MIRO based on service entry sheet

My client have requirment for VAT in MIRO. know when we r posting through MIRO the entries:

Vendor 2187 Cr

GR/IR 2000 Dr

services tax 103 (5.15%) Dr

CanteenVat 84 (4%) Dr

But the client want it as:

Vendor 2103 Cr

Vat payable 84 Cr

GR/IR 2000 Dr

services tax 103 (5.15%) Dr

Canteen Vat 84 (4%) Dr

is this case possible through MIRO transation

[former_member220489 · Accepted solution]

in FI-AP, all VAT/Service Tax lines could be receivable or expenditure only, but wont be payable.

According to your example entry (first one) you should pay the vendor an amount of 2187 only. How cum you will be able to adjust the vendor line item?

[Venkat_Kamatham · Accepted solution]

Hi Srinivasa Borigi,

In our case the VAT is being bear by the company not vendor so they want the VAT amount to booked as

Dr CANTEEN VAT EXP 84

Cr VAT Payable 84

Regard's

Venky

[Former Member · Accepted solution]

Hi,

if you want to maintain vat amount as a separate entry , create a Separate GL or vendor for this type of transaction & use this in service entry sheet at next line item for required amount.&

on the time of miro select both the line items.

snagorij