Financials for India - EBS (MOSC)

MOSC Banner

What are PO Receipt Accounting Entries for Excise Inclusive tax in R12

edited Jan 12, 2016 10:05AM in Financials for India - EBS (MOSC) 1 commentAnswered

Hi,

We have added inclusive taxes as excise and VAt while creating the PO. Taxes are set as inclusive and tds calender setup also done for inclusive type of taxes. In PO tax window inclusive amount is showing and total tax amount is 0. Excise and vat both are recoverable.

While creating the receipt, none of the excise registers got hit. Please let me know what are the accounting entires for inclusive tax both at PO receipt and during shipment of goods

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center