Financials for India - EBS (MOSC)

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how to set up Swachh Bahart Cess in R12.0.6

edited Feb 3, 2016 4:02AM in Financials for India - EBS (MOSC) 1 commentAnswered


How we can we set up sachh bharat cess in R 12.0.6 with respect to sales invoice. This is a non recoverable tax,

1.now if we create a new tax with tax type as "Education cess or She cess" , accounting will get parked in gl account defined in service tax regime. We desire to have accounting getting parked in seperate gl account because we have outstanding invoices before POT. When we receive the money against them, education cess and she cess liability will get generated and get parked in gl account mentioned in regime set up. This will add up confusion and a lot manual tracking will be required.

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