Output & Input Tax in NAV 5.0

lnraju70

Hi,

Can any one help me out, how to setup the Indian Output & Input Tax for each Individual Item in NAV 5.0 sp1

Ex : If XYZ item for Sales - VAT Output 4% (G/L Account)
for Purchase - VAT Input 4% (G/L Account)

If ABC item for Sales - VAT Output 12.5% (G/L Account)
for Purchase - VAT Input 12.5% (G/L Account)

It should automatically to respective account if Purchase or Sales transaction done.

This should be for INDIAN TAX Calculation.

Regards
Lakshmi Narayan Raju :oops:

kriki

[Topic moved from 'Navision Financials' forum to 'NAV/Navision' forum]

ssingla

Define diff. tax group codes and create setup in Tax Details.