Vat Codes linked to a Tax Category

[Former Member]

Good Day,

I have created a new tax Code for the UK as there VAT rate has changed on the 1 December 2008.

I have created VB for Input VAT and AB for Output VAT.

Should link these VAT Codes to the tax category:

"+" Only output tax

"-" Only input tax

"*" All tax codes allowed

Or are these VAT Codes automatically linked to the tax catergories??

Regards

Ropetra

[Former Member · Accepted solution]

hii,

"+" Only output tax

"-" Only input tax

"*" All tax codes allowed

The above signs are assigned only in Gl master Control Data , if gl code is created for input tax thn assign "-" & for Output tax assign "+" , & for both "*"

In FTXP assign these GL accounts to respective Tax Code-Input/Output

It will solved , try it

Regards,

Umesh

[Former Member]

Hi,

these VAT Codes automatically linked to the tax catergories..

Regards

San

[Former Member]

With which T-code can I view whether the Vat Codes are linked to the tax caregory

[Former Member]

Hello Reopetra,

you can see it in ftxp - properties button whether a tax is input our output tax.

See also table t007A - Taxtype.

Best regards

Horst

[Former Member]

Hi,

When you create the tax code, you assign the tax type. These tax types will tell if the tax code is an input or output. These are linked as well to your tax category when you create a GL account. This is a standard set up in SAP.