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author's profile photo Former Member
Former Member

tax code cin

hi,

in cin i used taxinj .in ftxp tc we can enter the values fro each condition type .

my doubt is whether ftxp is formula based or conditon based.

if it is formula based then when i am using taxinn caluculation type can i use ftxp to enter values for condition types.

pls clarify me regarding this

regards

venkat

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    author's profile photo Former Member
    Former Member
    Posted on Jun 16, 2008 at 04:12 AM

    Hi,

    Ftxp is used to maintain the tax codes in both condition based and formula based.

    If u use taxinj u need to maintain no.of tax codes and conditon records in ftxp only and u need to maintain excise rates in J!ID

    If u use taxinn u need to maintain very few tax codes and the condition records can be maintained in fv11 for the reqd key combination

    Regs

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  • Posted on Jun 16, 2008 at 06:37 AM

    Hi,

    TAXINN Procedure is only a Condition based.

    TAXINJ Procedure is both Condition based & Formula based.

    You have to create Tax codes in FTXP whatever Procedure it may be.

    If you use TAXINJ tax codes will be less.

    Where as for TAXINN condition records should be maintained using FV11 Trxn code.

    1. Set up the following Access Sequences in the the IMG under Financial Accounting -> Financial Accounting Global Settings -> Tax on Sales/Purchases -> Basic Settings - >Check Calculation Procedure -> Access Sequences:

    1 JTAX

    2 JST1

    2. Set up the Condition Types for the following conditions in the IMG under Financial Accounting -> Financial Accounting Global Settings ->Tax on Sales/Purchases ->Basic Settings ->Check Calculation Procedure ->Define Condition Types:

    1 MM Excise Conditions

    2 JMOP IN: BED setoff %

    3 JMOQ IN: BED setoff Qty

    4 JAOP IN: AED setoff %

    5 JAOQ IN: AED setoff Qty

    6 JSOP IN: SED setoff %

    7 JSOQ IN: SED setoff Qty

    8 JMIP IN: BED inventory %

    9 JMIQ IN: BED inventory Qt

    10 JAIP IN AED inventory %

    11 JAIQ IN AED inventory Qty

    12 JSIP IN SED inventory %

    13 JSIQ IN SED inventory Qty

    14 JMX1 IN: A/P BED setoff

    15 JAX1 IN: A/P AED setoff

    16 JSX1 IN: A/P SED setoff

    17 JMX2 IN: A/P BED inventor

    18 JAX2 IN: A/P AED inventor

    19 JSX2 IN: A/P SED inventor

    20 JECP IN:A/P e-cess setoff

    21 JECI IN: Eces inventory

    22 JEX1 IN: A/P ecs setoffT

    23 JEX3 IN: A/P ecs invT

    • LST/CST/VAT Conditions

    1 JIPS IN Sales tax setoff

    2 JIPC IN Central sales tax invoice

    3 JIPL IN Local sales tax invoice

    4 JIP5 A/P RM Deductible

    • Service Tax Conditions

    1 JSRT A/P Service Tax

    2 JEC3 A/P ECS for ST

    For TAXINJ

    1. Set up the Condition Types for the following conditions in the IMG under Financial Accounting ->Financial Accounting Global Settings ->Tax on Sales/Purchases ->Basic Settings ->Check Calculation Procedure ->Define Condition Types:

    1 Excise Conditions

    2 JMOD IN: A/R BED

    3 JNED IN: A/R NCCD

    4 JAED IN: A/R AED

    5 JSED IN: A/R SED

    6 JCES IN: A/R Cess

    7 JECS A/R Educational CESS

    • LST/CST/VAT Conditions

    1 JIN1 IN: A/R CST

    2 JIN2 IN: AR LST

    3 JIN4 IN: A/R CST Surcharge

    4 JIN5 IN: AR LST Surcharge

    5 JIN6 A/R VAT Payable

    6 JIN7 A/R CST Payable VAT

    • Service Tax Conditions

    1 JSE4 Service Tax

    2 JES4 ECS on Service Tax

    2. Set up the following Account Key in the IMG under Financial Accounting ->Financial Accounting Global Settings ->Tax on Sales/Purchases ->Basic Settings ->Check and Change Settings for Tax Processing.

    1 VS6 Input Tax

    Maintain Chapter ID thru. J1ID

    For Material:

    1 Maintain Chapter ID

    2 Maintain Chapter ID with Material Combination

    3 Maintain CENVAT Determination

    4 Maintain Exchange Rates

    For Vendor:

    Maintain Vendor Excise details

    Hope this will help you in understanding CIN procedures.

    Please Revert back in case any doubts.

    Reg,

    Ashok

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