What is the difference in between Business Place and Section Code.
When I am going to create B Place under Define Business Place, there is no box for business place. It is shoing only section code.
Please tell me, what should I do.
Dear David Bera
Business Place :used for reporting taxes on sales/purchases
Section code :we has to specify which section code wants to post it under. (it is only in India & south korea)
In India, the section code tells the system under which TAN the item was posted, and thus which TAN has to declare it in its tax statement.