on 03-11-2008 10:52 PM
Hi Gurus,
I need to configure the Tax code as per below requirement for my client. Say I have created 2 tax codes V1 & V2
For V1 tax code in PO at invoice tab the system will display
Base amount --100 USD
Input tax -- 8%-- 8 USD
Total -
-
108 USD
But during Invoice Verification my client wants like this
Vendor Account=100 USD (Credit)
GR/IR Account = 100 USD (Debit)
Tax Account = 8 USD (Credit)
Expenses A/c = 8 USD (Debit)
As per his explanation he will not pay the tax amount to Vendor as Vendor is not passing the tax but the client has to pay to Government.
So please explain me is it possible in SAP how can we do it.
rgds
Swamy
I got the solution from FI Consultant, so thanks for contributions
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Hi,
If you are taking the credit of that 8% then you have to maintain a new condition as a deductible.
Maintain it in CIN pricing procedure with accounting key as deductible(OBCN).
Then maintain condition record for this.
Try this on dev server.
Regards,
Piyush
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Hello gurus,
Please help me in this issue, If anybody come across like this requirement please share with me.
Or anybody knows this how to configure please help me.
waiting for positive reply from your side.
rgds
Swamy
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Hi,
Your requirement is quite reasonable, it is same as Service Tax in case of Transporters i.e. GTA, here the transporter is not responsible to paying service tax, it is the availer of service who will be paying service tax to govt.
In this case we have two conditions in TAX PROCEDURE
JSER (Service Tax Credit) assigned to key ESA you can assign your TAX acct here
JSVD (Service Tax Debit) assigned to key ESE you can assign your expense acct here
Please refer to [Note 778976 - Configuration for Service tax (MM and SD)]
Regards
Dheeraj
Hi,
I have done all the Configuration as per the SAP note 778976,
But it is not deducting the Vendor account it is still adding up to the Vendor account.
I tried in all ways, but still not able to find out. So how to avoid that the tax amount should not be added to Vendor account. Is there is any settings is there. Please send me information.
rgds
Swamy
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