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author's profile photo Former Member
Former Member

creation of tax codes,

Experts:-

Creation of Tax codes,

(RELATED TO EXICE DUTY)

plz give the customization path (T-Code) FTXP , when ever enter that one

comes Country---IN

then Enter

give the tax code, where hre we give juridiction coe and valid date, ( I am enter there is no specifiction, is not come validate, juridication codes here plz help for this one)

Edited by: ameer rai on Jun 18, 2008 9:35 AM

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    author's profile photo Former Member
    Former Member
    Posted on Jun 18, 2008 at 07:38 AM

    Hello Ameer,

    Config Steps for Taxes on Sales & Purchasses can broadly be stated as follow:-

    1.Basic Settings

    2.Calculation

    3.Posting

    1.Basic Settings

    Spro>Financial Accounting>Financial Accounting Global Settings>Taxes on Sales & Purchases>Basic Settings

    Define and Assign Calculation Procedure to Country

    2.Calculation

    Define Tax Code - T Code FTXP

    Spro>Financial Accounting>Financial Accounting Global Settings>Taxes on Sales & Purchases> Calculation-->Define tax codes for sales & purchases

    In this step you are required to define the tax codes to be used in the business process.

    3.Postings

    Assign GL Accounts - OB40

    Once the Tax Codes have been created, GL accounts have to be assigned to various transactions for the flow of tax values

    If useful pl assign points *******

    Tahnks

    Para

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  • author's profile photo Former Member
    Former Member
    Posted on Jun 18, 2008 at 07:57 AM

    Hi,

    You have to define a separate tax code for each country in which one of your company codes is located.

    Each code contains one or more tax rates for the different tax types.

    SAP supplies a tax calculation procedure for each country. The procedure comprises a list of all common tax types with rules for tax calculation. In addition, tax codes are defined for some countries.

    For Taxes on Sales & Purchasses you can follow the following menu path for the basic settings in SPRO:

    SPRO -> Financial Accounting -> Financial Accounting Global Settings -> Taxes on Sales & Purchases -> Basic settings

    T Code: FTXP

    Menu path:

    SPRO -> Financial Accounting -> Financial Accounting Global Settings -> Taxes on Sales & Purchases -> Calculation -> Define tax codes for sales & purchases

    In this step you are required to define the tax codes to be used in the business process.

    I hope it will help.

    If helpful, please assign points.

    Regards,

    Manju

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