Tax code(Urgent)

[Former Member]

Hi,

how to create a new tax code.

requirement is ...Vendoe is UK based.We have created vendor and tried to send a PO.In PO it is asking to enter tax code.For this vendor VAT is 17.5%...in predefined taxes there is no value with 17.5 VAT...

so can any one tell me how to create for this with full settings.....Its Urgent.....

Thanks and Regards

[Former Member]

Hi,

You can create the tax code at FTXP transaction code for required country.

Assign this tax code to Company code,

after that assign Tax procedure to country.at

Logistics - General->Tax on Goods Movements->Basic Settings-Determination of Excise Duty...

Maintain the Condition Records for required % i.e 17.5 % for Vat condition at

FV11 Transaction code.

Rewards if Helpful

Regards

Sanjay L

[Former Member]

Hai MK,

You can create Tax code (17.5%) in the condition type MWST in country specific tax procedure.If that particular condition type is not there in country tax procedure, you can put the same in that procedure.

reply please.

[Former Member]

Hi Vasu

its not there in condition types...

what is the alternative for this