Tax account posting
I have created a PO:
PO base amount = Rs.100/-
tax 4% = Rs.4/-
total (base + tax amount) = Rs.104/-
after invoice verification:
vendor account = posting key-31, Rs.104(-)
GR/IR clearing A/c = posting key-86, Rs.100(+)
Tax (4%) = posting key-40, Rs. 4(+)
my requirement is after invoice verification:
vendor account = Rs.100(-)
GR/IR clearing A/c = Rs.104(+)
Tax 4% = Rs.4(-)
as i have to pay Rs. 100/- to vendor and Rs.4/- should be posted to tax account.
i dont know where i have went wrong,,, anyone plz help me, its urgent.