on 02-21-2018 4:49 AM
Hi,
Here I attached the screenshot of different purchase orders range. we need to configure automatic income tax impose on different purchase orders.
for E.g;
PO range of 42 should automatically deduct 16% income tax
PO range of 43 should automatically deduct 15% income tax
PO range of 41 should automatically deduct 8% income tax.
I need to know configuration process, how to automate the income tax against different sequences of PO's.
Thanks
Tax calculated based on how material or service behaves to business upon the procurement process. Different PO document types along with different PO number ranges are used to differentiate between different procurement processes.
For your requirement 16%,15% and 8% deduct tax rates*- you can configure tax procedure along with tax condition types* (OBYZ) and to make tax deduct in nature(OBCN and assign G/L account to accounting key-OB40)- you can use accounting key for those purpose. Have tax condition record(FV11) and create tax codes(FTXP). Based on tax rate maintained- your PO will have those tax calculation.
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Hi,
As Jurgen already mentioned, its not income tax, its tax on purchase.
Based on the above explanation, it seems you can have the tax based on PO document type. You may check below options:
Regards,
Prasoon
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I have never heard that taxes are depending on number ranges. Why do you at all refer to the number range, you could more easier say document type? And even a document type as basis for tax would be a very vague basis and very much be user driven based on the selection he made. Is there nothing else as a hard fact on which it can be determined that tax has to be included?
About what country and tax are you talking (use the local name): Income Tax is a tax you pay on your earnings. A tax that governments impose on financial income generated by all entities within their jurisdiction. By law, businesses and individuals must file an income tax return every year to determine whether they owe any taxes or are eligible for a tax refund.
What do you earn with an individual purchase process?
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Just imagine, someone who is telling you that the turn signal on your cars rear site is broken is not necessarily the person who is able to repair it.
But now, with the correct information, there might be others who can step in.
Had you already searched for this information, I just did with Google
using search terms like:
withholding tax customizing site:sap.com
withholding tax purchase order site:sap.com
and found wikis, and blogs and help.sap.com documentation and question with answers
I am still the opinion that purchase order number ranges have nothing to do with WHT.
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