As the “GST receivable” is an asset account in AP and GST component is a cost to hospital division
Summary
As the “GST receivable” is an asset ledger and GST component is a cost to AHEL hosp-div, It is suggested that GST receivable a/c which is debited at the time of capturing the purchase transaction should hit the respective expenses ledger at a periodic interval and should be added to the cost.
Content (required):
Version (include the version you are using, if applicable):
23B (11.13.23.04.0)
Code Snippet (add any code snippets that support your topic, if applicable):
Tagged:
0