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Former Member
Nov 26, 2008 at 01:19 PM

Impact of change in VAT rates on RE-FX

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Dear experts,

Request your kind help. There is some change in the rates of input and output tax to be applicable from 1st Dec 2008 for a period of one year. We are working on ECC 6.0.

I will be grateful if someone can please guide me on the following points:

1. What are the changes that I am to make in the RE-FX

2. Any SAP notes that may be relevant. (I have read Notes 117983, 93406 and 94364 but am unable to make out what is to be done in our case).

3. How do I as a consultant ensure that all live contracts reflect the proper tax rates from 1-12-08 onwards.

4. Would it help in anyway if I CHANGE the EXISTING tax codes to reflect the NEW rates instead of creating two new tax codes with the revised rates? Our FI consultant wants to create two new tax codes for the upcoming change.

5. If NEW tax codes are to be assigned, what are RE-FX objects etc to which these codes should be assigned to and how to actually make the changes.

Kind regards,

Suvarghya Dutta