on 2013 Apr 22 6:59 AM
Dear Gurus,
While posting the Invoice VAT account should come in Credit side.
Narmally it will come as below:
Vendor account Credit
Crude Oil Debit
VAT account Debit
But as per client requirement we require as below
Vebdor Credit
Vat account Credit
Crude Oil Debit.
Pl advice how to do..
Input tax always Debit side only. May be his requirement is Withholding tax from vendor. Use withholding tax concept to get credit side the amount.
Regards
Mani
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
User | Count |
---|---|
93 | |
9 | |
8 | |
7 | |
5 | |
4 | |
3 | |
3 | |
3 | |
3 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.