Hi Experts,
Can anybody throw some light on the config for base amount for cash discount? We want the base amount for cash discount to be on Net amount of the invoice not the gross. Tax amount should not be included in the base amount. For that, we have changed the config by ticking on the Net check box in OBY6 for that particular company code. Still, we have noticed that in some cases the base amount shows net and in some cases it is gross. What could be the reason, Is it due to the Tax Jurisdiction code (As the company code belongs to the US) ? If , it is then where is the config made for this?
The structure, we want mentioned below -
Expense A/c Dr. 100
Vat Input - Dr. 10
Vendor A/c - Cr. 110
Discount base in the above case should be 100 not 110.
Regards
Partha Sarathi Samantaray