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#53351 - 12/29/17 10:59 AM Configuring Reverse Charge Mechanism in Tax
Suresh
Member


Registered: 12/29/17
Posts: 1
Loc: Maldives
Hi,

Any clues how can I configure sage300 ERP 2014 for Reverse Charge Mechanism in Tax?

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#53449 - 02/14/18 03:29 AM Re: Configuring Reverse Charge Mechanism in Tax [Re: Suresh]
FarazAfzal
Member


Registered: 05/31/09
Posts: 108
Loc: Saudi Arabia
Create 2 tax authorities. Reverse charge payable and reverse charge receivable and put the tax rates of RC payable as -5% and RC receivable as +5% and assign it to your vendors.
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