I have a scenario on service tax. As per my business scenario we need to do the payment against the base amount to the vendor at the time of periodic postings. When ever vendor will raise the invoice for the service tax at a later point of time, then we need to pay the tax for all the previous months till the current month. Can any one suggest this how can I handle this scenario since the postings have already taken place for the previous months.
As per my client business scenario when we execute the commercial lease in contract it should not pick up the service tax Later When ever vendor will raise the invoice for the service tax at a later point of time, then we need to pay the tax for all the previous months till the current month through RE module its self. That is the reason I had placed this query under real estate module for better understanding.
In normal financials this can be addressed through accruals or through Arrears by passing the manual JV .How can address this through Real estate module its self.
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