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sales tax

Posted on Aug 12, 2009 at 06:17 AM 8 Views

hi

in Fi how many condition type we have to assign,what is the procedure.

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    author's profile photo Former Member
    Former Member
    Posted on Aug 12, 2009 at 06:47 AM
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    Hi Asneha,

    As an FI Consultant, you have to define a calculation procedure for e.g., TAXINN, in such a way that it integrates

    MM and SD requirements also. The tax codes you create through this procedure is both for Input and Output tax

    types. These codes are used both during creation of Purchase Order and Sales Order as well as direct FI entries.

    The FTXP screen shows you the general outlay of all the required condition types for all the modules and

    you are assigning the relevant % for the tax codes as each module requirement. As a Finance Manager,

    he will look into the taxes captured from all the areas for payments and statutory reporting. If you need more

    clarity, please revert back.

    Best Regards,

    Sadashivan

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 12, 2009 at 06:26 AM
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    Hi

    In you tax procedure you need to have one output tax condition type.

    You can use MWAS which uses the calculation type - percentage. If you wnat you can create your own condition type in OBYZ - Define condition types

    To assign the condition type in OBYZ - define procedures - select the tax procedure as per your requirement - control data - new entries - Enter step number, condition type, from & to fields, and respective account key.

    Anil

    Edited by: Anil Anand on Aug 12, 2009 11:57 AM

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