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Negetive Tax Code

Hi,

I want to have a Tax Code which should deduct tax amount from vendor gross amount instead of adding as in normal case.

I've created a tax code with negetive rate. But even then also it is adding tax amount to vendor amount.

Kindly help me.

Tks in adv

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2 Answers

  • Posted on Sep 28, 2006 at 04:04 PM

    Hi Mallikarjuna,

    To my knowledge, these kind of taxes are set in the condition type in SD module.

    Please ask the SD consultant to help you with this.

    also refer below link

    http://help.sap.com/saphelp_47x200/helpdata/en/de/7a8534c960a134e10000009b38f83b/frameset.htm

    Hope this helps.

    Please assign points as way to say thanks

    Ravi Rana

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  • Posted on Sep 28, 2006 at 04:23 PM

    Hi,

    The Tax code has to have a condition type which uses the calculation type "Percentage Included"

    The maintenance of all this is under SPRO

    Financial Accounting > Global Settings > Tax on Sales/Purchases > Basic Settings >.....

    Regards

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    • Former Member

      Hi,

      I've tried with calculation type "Percentage included", even then also it is doing in the normal way, means adding the tax amount to vendor amount.

      is there any other settings required?

      Regards

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