Financials for India - EBS (MOSC)

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Treatment of Tax On Invoice Data Migration

edited May 13, 2014 12:00PM in Financials for India - EBS (MOSC) 1 commentAnswered

Hi All,

We are planning to migrate all the invoices with one line and without taxes since all the taxes have been accounted in legacy system.

I want to know how the RCM in case of Service Tax,VAT charged, etc.should be treated and what impacts it has on  the migration.

Is it that If invoices already accounted in legacy than only the settlement window to be updated for the credit to be availed for VAT and Service Tax.

And manual Invoicing has to be done for the unpaid amount to Government tax authority.


Pls suggest.


Thanks and Regards

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