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TOPIC: tax accounting
#2745
sharmapk28 (User)
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graphgraph
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tax accounting 12 Years, 2 Months ago  
Dear sir,
1.As per your lesson recoverable tax and non recoverable tax(expense) got debited at time of payables and got credited at time of receivables except non recoverable which is expense out at time of payables .Now my question is there is any tax enteries at time of reciept and delivery of material in inventory ,in case of recoverable and non recoverable taxes.

2.My another question is I want to calaculate the differences of tax in some vat(tax) settlement account(receivables tax -payables tax).These are account we give in tax rates since one account is possiable at time of tax setup so how i will judge that what is the difference in my tax input and tax output that is what i recover from customer minus what I give to supplier so Is there is any possiablity to see the differnces (settlement) between these two account.

I will higlhy appericate your help in this matter
 
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