What should be the account type for service tax accounts
Hi,
I am going to implemeting the Service Tax setup in R12.
Please let us know, what should be the account type for following accounts while setup of Service Tax.
| DESCRIPTION | ACCOUNT | ACCOUNT TYPE |
| INTERIM RECOVERY ACCOUNT | 100 | |
| RECOVERY ACCOUNT | 200 | |
| INTERIM LIABILITY ACCOUNT | 300 | |
| LIABILITY ACCOUNT | 400 |
Thanks & Regards,
Madhu
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