TAX CODE - MIRO

[Former Member]

Hi,

Can any one give me config guidance of how to create and assign a tax code to the company code.

advance tks

[Former Member]

HI

To create tax code - tcode FTXP.

In that put the tax type - input or output.

desription of tax code . and save.

Then

assign tax code to company code using .

Spro> laogistics gen>tax on goods movt> india>basic setting >determination of excise duty> condition based determination >assign tax code to company.

Then maintain condition record using FV11.

Enter the condition types that you want to add in a tax code .

Select one of the Key Combination and maintain condition records.

Regards,

Vijay

[Former Member]

Hi,

Normally we assign a tax Procedure to country. For India we use 2 tax Procedures TAXINJ & TAXINN. So a company will use either of this two. Once we assign a tax procedure to country India, all the company codes will follow that Tax Procedure. We create a tax code with reference to country which links it to the tax procedure.

Config Steps.

1. SPRO-Financial Accounting-Financial Accounting Global Settings-Tax on Sales & Purchases-Basic Settings-Check Calculation Procedure

For Creation of Tax codes

T.CODE - FTXP

Create a new tax code & save it. After saving go back to FTXP intial screen & from Menu you can use the Export option to export to other servers.

After exporting maintain the Condition records for the tax codes in T.CODE - FV11.

Hope its Clear.

please feel free to revert if you have any queries.

Regards,

SAP FC