Tax Adjustment Transactions Settings (lpind2116m000)
Use session to view and maintain ledger accounts for the reversal of Input Tax Credit
(ITC). You can maintain ledger accounts and dimensions for each reversal type.
Field Information
- Financial Company
-
The code of the Financial Company.
- Tax Adjustment Type
-
The type of tax adjustment.
Allowed values
- ITC Reversal
- ITC Reclaim
- Not Applicable
- Tax Adjustment Reason Code
-
The code indicating the reason for reversal of ITC.
- Ledger Account
-
The code of the Ledger Account to which the tax adjustment transactions must be posted.
- Dimensions
-
The code of the dimension to which the tax adjustment transaction must be posted.
- Transaction Type
-
The code of the transaction type to which the tax adjustment transactions msust be posted.
- Transaction Type Series
-
The code of the transaction type series to which the tax adjustment transactions are posted.