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Financials for India - EBS (MOSC)

What should be the account type for service tax accounts

Apr 13, 2012 12:44AM edited Apr 15, 2012 11:35PM in Financials for India - EBS (MOSC) 4 comments

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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