Skip to Content
author's profile photo Former Member
Former Member

VAT is included in downpayment

Hi,

Vat is included in down payment actually it should not happen how to rectify this

please help me i will assign points

thanks

Radha

Add a comment
10|10000 characters needed characters exceeded

Assigned Tags

Related questions

2 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Jun 17, 2008 at 11:33 AM

    Hi,

    Make sure that Tax category should not be checked for Customer / Vendor Recon accounts and if it is there then select the checkbox " Posting without tax allowed"

    Hope this helps you but i am not sure, if you can provide me the error so that we can try for it..

    Thanks,

    Vasu..

    Add a comment
    10|10000 characters needed characters exceeded

  • author's profile photo Former Member
    Former Member
    Posted on Jun 17, 2008 at 11:43 AM

    Hi,

    If you don't want to post tax on down payments, you can suppress the tax fields via the special G/L account (down payment account) as follows:

    You can alter the master records with an account group, via which the field Tax category is suppressed for the master record. You cannot then fill the field when you create the master record.

    You achieve the same by leaving the Tax category field in the master record blank. By doing this, all fields on tax are suppressed in the entry screens.

    Sometimes, depending on the legal specifications of the given country, you may also require to post tax on down payments. If you post tax, you must define whether the down payment is to be displayed with or without tax in the open item and special G/L accounts.

    For further details on this, please refer the link below:

    http://help.sap.com/erp2005_ehp_03/helpdata/EN/01/a9c7a9455711d182b40000e829fbfe/frameset.htm

    I hope it will help.

    If helpful, please assign points.

    Regards,

    Manju

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.