New Service Tax Implem. Error

[Former Member]

Hello,

As you know, Service tax rate is changed to 10% from 12% ,I want to keep both of previous rate & present rate based on the date tax applied for.

I want that my system will calculate the Service tax as on the basis of Bill creation date & service tax rate of that date.

But, when I was trying to create another service tax rate with presence of old one,the system showing me error like--- "Could not commit Transaction Sales Tax Authorities(OSTA)"

How will I do this?

Rgds

Subrata

[Former Member · Accepted solution]

Under the tax codes> set up, you can highlight the tax code and choose tax definition. Add a new valid cdate and value, so the code will calculate properly based on document date.

There should be no need to add a whole new code?

[Former Member · Accepted solution]

To keep both tax rates working, a new tax code is mandatory.

[Former Member · Accepted solution]

Thanks for reply.

I made a mistake.That's why it was not working.

Now solved.

Rgds

Subrata

[Former Member · Accepted solution]

Hello,

It's working.

But I want to calculate the Service tax based on Document Date , not on Posting date.

How will I define?

Rgds

Subrata

Edited by: Subrata Chatterjee on Feb 25, 2009 10:47 AM

[Former Member · Accepted solution]

That may not be possible. Posting date is also called tax date. It is built-in to system logic. You could calculate your own UDF. However, it doesn't give you option to override system function.

Thanks,

Gordon

[Former Member]

Hello Subrata,

Check your newly created tax code. Something must be wrong with this code.

Thanks,

Gordon