Tax Code Creation

[Former Member]

Dear All,

I want to create new tax code. Please provide step-by-step detail u2013 document for creation of tax code.I don't want to create tax code by copying other.

System display bellow error at the time of FTXP u2013 Define Tax code

u201CCalculation procedure not maintained correctly for level 000 Message no. FS789u201D

If any one have tax code creation document, Please provide.

Regards,

Mahesh Wagh.

[Former Member]

While posting the TDS JV - Deduction Non-Invoice through customised transaction code, I am entering the Vendor and Company Code.

I am getting the error Text Vendor Code ID PAN language EN not found.

Pls. guide how to come out of this problem.

[Former Member]

Hi,

Please check while creation of Tax code, followings basic configuration we needs to chceked..

1) Define Tax Procedure, For US say TAXUS & in that control data needs to be maintained. usually we copy what is there provided by SAP

If you chcek the control data there it started from Step 100 & for condition type BASB from reference Step & to reference step is blank. & this reference steps is taken as level while we create Tax code in FTXP

So, please chcek yours Tax procedures Created & control data maintained in it,

Hope that will solve the problem...

Further configuration required is

2) Defining of condition type & assigning of that in the control data of tax Procedure.

3) automatic account determintaion & defining of GL account in Transaction code OB40.

4) Maintainence of Tax code in Trasaction Code FTXP.

Regards

[Former Member]

Hi

VAT calculation .

1.Define procedure...T C OBQ3

in this steep u cen define procedure in NEW entries mode like JTAX, discription sales tax india.

And select wat ever created in procedure...

Double click on CONTROL DATA folder..

select new entirs

steep 1,condition type BASB

steep 2,condition type MWVS (input tax),from 1 to 1, account keyVST.

steep3, condition type MWAS (out put tax),from 1 to 1, account key MWS (out put tax)

*and save.these steeps do carefully.

*2.Assign country to calculation procedure in TC OBBG

in this steep u can assign country IN to calculation procedure JTAX......... and save.

3.Define tax codes for sale and purchase in TC FTXP

input tax indicates V

output tax indicates A

4.Assign tax code for non taxble trasanctional OBCL

5.Define tax accounts OB40.

Edited by: prasad k on Jul 22, 2008 7:54 AM