10. What is the double entry for service tax invoice and CN issued using SV tax code?
From eStream Software
Answer:
Invoice issue
GL Acc | Desciption | Tax | DR | CR |
---|---|---|---|---|
300-A0001 | Customer ABC | 1060.00 | ||
500-000 | Sales | SV | 1000.00 | |
SST-203 | SST - Deferred Tax | SV | 60.00 |
2. Go to Tools | Report Designer...
3. Click import the invoice format file.