How t ocreate tax code ...?

[Former Member]

hi all

Can anybody explain me how to create tax code for my company code in IDES.

I tried to create new tax code in FTXP..

System is asking for tax jusdricaton..

Please guide me how to proceed further

Thanks

sap-mm

[Former Member · Accepted solution]

Hi

Try deleteing the Jurisdiction code from Trax OBCP & then from OBCO.

maintain tax procedure and assign it to your country in OBBG.

Then try maintaining TAX codes already created in FTXP.You will

now be able to exclusively enter Tax rate and it will not be

greyed out.

The Key however is that your TAX Procedure for the countrry for

which ur working should be properly maintained inside OBQ3,

and BSX & WRX enteries should be correctly assigned to the type

of GL account inside OBCL.

Regards

Sujoy

Edited by: Sujoy on Oct 14, 2008 10:54 AM

[former_member581212]

hi,

To create your own tax codes, in Customizing for Financial Accounting, choose Financial Accounting Global Settings -->Tax on Sales/Purchases-> Calculation -->Define Tax Codes for Sales and Purchases.

Then use FTXP to create.....

Also, check the thread:

pls try...

Hope it helps...

Regards

Priyanka.P