Financials for India - EBS (MOSC)

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OFI - India GST - Forward GST Non-Recoverable to be split & then charged

edited Oct 23, 2017 10:22AM in Financials for India - EBS (MOSC) 14 commentsAnswered

Hi Team,

In case of certain non-recoverable expenses applied with Intrastate GST (CGST/SGST) on a single line item.

Since, it is non-recoverable as part of accounting the tax component shall be hitting the same expense account used in Invoice at Line Level Distributions.

However, same line has been split into multiple distributions to charge various cost-centers / programs (Different Code Combinations)

What is the procedure to allocate the tax component and ensure non-recoverable tax also gets split into various cost-centers / programs (Different Code Combinations)

Any pointers in this regard shall be of help. Thanks.

Regards,

Saurabh Singhal.

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