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J1IGJV - Tax code maintained in tax classification

May 09 at 08:53 AM


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We are using below access sequence to maintain the condition record though FV11.
1. Country/Dest. Ctry/Region/PlntRegion/GST Class./Tax ind./Ctr
2. Country/Region/PlntRegion/GST Class./Ctrl code/Tax code
3. Region/PlntRegion/GST Class./Material
4. Region/PlntRegion/GST Class./Activity
5. Tax Classification
We are maintaining one tax code with different -2 percentages as per HSN applicable for material.
As per GST law, invoices which are not paid before 180 should reverse the only the tax amount. Below is one example:
Entry at the time of Invoice posting.
PK Account Description Amt Tax Code
31 xxxxx1 Vendor 4480- G3
86 xxxxx2 GR/IR a/c 4000 G3
40 xxxxx3 IGST Input 480 G3
In case if payment not made before 180 days below should be the entry.
PK Account Description Amt Tax Code
40 xxxxx4 Test GL 480 G3
50 xxxxx3 IGST Input 480- G3
In case if payment not made before 180 days system will post entry to one more GL so there will be no vendor in tax reversal entry. Reversal entry will happen within GL’s & in that scenario system will pick the tax code maintained in tax classification.
My requirement is that I don’t want to maintain tax code in tax classification because the movement I’ll maintain tax code in tax classification, I cannot maintain the same tax code with different percentage and same time percentage updated in tax classification will only be applicable for that tax code. I can’t use same tax code with different -2 percentages.

Is there any possibility to reverse only tax amount as it was in the original document without maintaining tax code in tax classification?

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