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author's profile photo Former Member
Former Member

How t ocreate tax code ...?

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

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  • Best Answer
    author's profile photo Former Member
    Former Member
    Posted on Oct 14, 2008 at 08:52 AM

    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

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  • Posted on Oct 14, 2008 at 08:51 AM

    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:

    tax-code-jurisdiction

    pls try...

    Hope it helps...

    Regards

    Priyanka.P

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