Dear Guru's,
One of our customer has posted vendor credit memo with wrong tax code.
1. They have made the below entry, initially they have parked the entry and later on posted the document.
Vendor Dr
expense Cr
output tax cr.
2. Now the problem is with the output tax code, by mistake they have posted the document with output tax, even though only input tax code allowed check is their in GL master for the GL account for the tax code. But we are not sure how this posting allowed for a output tax code.
3. To correct this we tried to reverse .
4. Now system is not allowing to reverse the entry and stating ''only input tax code is allowed for the GL".
Kindly please let us know how to correct it?
Regards,
Hem