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Financials for India - EBS (MOSC)

Service Tax Setup

May 27, 2012 7:06PM edited May 23, 2015 10:02AM in Financials for India - EBS (MOSC) 4 commentsAnswered

Hi,

Am doing Service tax setup for our organization,

I have a query while Defining Tax Types we have to define 4 mandatory accounts like

1.Interim recovery account

2.Recovery account

3.Interim Liability account

4.Liability account .

Can anyone explain me what is the use of these accounts and how it will work.

Namratha.M

1

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