Tcs

This query is : Resolved 

14 December 2011 Dear Sirs,
Please let me know all the accounting entries of TCS from customers arising out from incoming payment.
Do we also require a clearing account, and if so how do we configure same in SAP, but main Q is the standard accounting entries.
Thanks and regards,
S Mitra

15 December 2011 Scrap Dealer A/c Dr.
To Sale of Scrap
To TCS Payable.



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