Dear All,
Need help urgently. We have a scenario for Free Goods where we are charging MWST on COGS (Standard Price) and Posting only Tax to Accounting.
In a standard scenario it will charge the Customer, but this should not be the case. We need to route the system to charge it to the Expense Account and not to the Customer. Also, when the Accounting document is created, we must see the Tax code visible in it.
Our settings in the pricing procedure is as follows:
Please see attachment.
Whats happening is the ZMV1 condition type what we see here is a Discount/Surcharges condition type which would post it to the Accruals account but in this case the Tax code wont be visible in the Accounting.
We are maintaining this ZMV1 condition record (100% - ) to negate the Tax charged by MWST as seen in the attachment.
Please guide me at the earliest.Thanks much to all in advance.
Regards,
Santosh