SALES TAX PROCEDURE
General ledger, Accounts payable, Accounts receivable and Assets accounting
Basic
Excise
VAT /CST
To do normal posting also, sales tax procedure is required.
A) Create procedure
B) Create tax codes
C) Create accounts
D) Design accounts
Assign for country in-tax US ( Sales tax USA)
Tax IN (sales tax India) Temporary assignment
For our company any code: Country IN
Note the path this one
SPRO-Financial accounting –Financial accounting global settings-Tax on sales / Purchases - Basic settings - Assign country calculation procedure
Select position button
Give the country IN for India
Enter
For country IN assign procedure TaxUS
Sales Tax – USA
Select save button or Ctrl+S
Press enter to save in your request.
