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Tax code, Tax calculation, Tax amount

ramarao_pokuri
Participant
0 Kudos

HI Guru's

Can anybody explain what is there purpose of Tax Code, tax calcualtion and tax amount fileds when posting customer invoice?

How to use it?

When i am entering manual invoice with tax code, i am getting warning message "Has the tax code set correctly" but it is not calculating any tax.

My requirement is if i enter tax code, tax amount has to be calculated and posted. How to achieve this...

Thanks and regards

Ramarao.Pokuri

Accepted Solutions (0)

Answers (2)

Answers (2)

ramarao_pokuri
Participant
0 Kudos

Hi

I have done relavent configuration, but still it is not calculating and created any line item for tax when document posted.

Thanks and regards

Ramarao.p

Former Member
0 Kudos

Hi Ramarao,

Please go through the below SDN link on creating tax codes. Check if you have done all the relevant configs. This would be quite useful.

[https://wiki.sdn.sap.com/wiki/x/Qc8]

Regards,

Mike

ramarao_pokuri
Participant
0 Kudos

Hi

I have done all the relevant configuration but still it in not calculating in FI invoices....

Former Member
0 Kudos

This message was moderated.

Former Member
0 Kudos

Maintain the tax code with the rates and account to be posted in FTXP transaction. Also in SPRO in Financial Accounting Global settings-.Tax on sales/purchases check if the relevant configuration for calculation procedure and assignment has been done.Also for the relevant GL account on which you are calculating tax in FS00 the indicator * or + is marked in tax.

Thanks and regards

Kedar