Purchase Order with retention

[bhavikrajput]

Dear all,

I have created purchase order with tax code and having retention amount of y%.

while creating payment invoice(mir7), instead of y% retention amount extra amount is being deducted from vendor's payment.

Please guide.

[bhavikrajput]

Thanks Bijay for your reply.

Yes it was due to tax code amount(BED-cenvatable & JMOP) calculation.

[BijayKumarBarik]

Hi,

Check your tax code in FTXP and see any target tax code in it. Refer in details on differed tax code concept

Regards,

Biju K