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A new module to calculate the recently introduced Fringe
Benefit Tax is added in Account21. The quarterly report
that is available with this module will indicate FBT
applicable amount against various accounts and the FBT to
be paid. As part of one-time set-up, user has to select
the accounts for which FBT are applicable and the
applicable percentages to be entered against these
accounts.
To know more about Account21
click here.
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