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Former Member

New tax code creation

Hi All,

I would like to create a new tax code for 'CST@2% against form C'. I thought to create a new tax code by FTXP. In which field I have to enter the CST 2% . There are more than one field for CST. Please advice me the correct way to solve the issue.

Thanks...

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5 Answers

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    Former Member
    Oct 27, 2009 at 08:58 AM

    Hi,

    First you can create a Condidtion Type T.code OBYZ) after that you can create a Accounk Key(T.Code OBCN)

    then go to your procedure assign the both Codnition type and Account key

    After that you can create Tax code in FTXP

    Regards

    Madhu I

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    • Former Member Former Member

      Hi,

      When you add the step in OBYZ then only you can see that step condition type and account key in OB40.

      Yes there is Configuration in OBYZ where you need to add a STEP and give condition type and account key,That particular step should be calculated on sub total of sales tax.This has already been explained in previous answer checkit out.

      regards,

      Santosh kumar

      Edited by: santosh kumar on Oct 28, 2009 7:12 AM

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    Former Member
    Oct 31, 2009 at 10:46 AM

    Hi,

    Not required configuration for separate CST. If you are using the ECC 6.0 It's avalable JIPC Condition type.

    REgards,

    Kishore K

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    Former Member
    Oct 27, 2009 at 09:04 AM

    Check your tax procedure to which the correct CST rate will be determined. If CST field is not yet created. you must first create the condition type via OBYZ then the account key for this via OBCN, and assign the tax account in OB40.

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    • Former Member Former Member

      Please add the condition type and account keys in the "tax procedures"

      Go to SPRO>Financial Accounting>Financial Accounting Global Settings>Tax on Sales/Purchases>Basic Settings>Check Calculation Procedure

      Select define procedure and edit the tax procedure assigned to your company/country.

      After that you will be able to see the condition when you do FTXP.

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    Former Member
    Oct 27, 2009 at 09:14 AM

    Hi,

    If it is first time you are creating taxcode then you need create first account key in OBCN &then assign a GL account for CST in OB40 to that Account key & then Crete condition type in OBYZ and assign that account key & Conditon in FI pricing procedure and then all the steps follwed as it is in below

    IF YOU ALREADY TAX CODES ARE CRETED AND YOU WANT ADD THE NEW TAX CODE THEN THIS BELOW IS THE PROCEDURE

    GOTO FTXP and check CST description by scrolling down and check which account key & condition type is assigned.

    and next goto FV11 and then type that condition type for example if it is JVCS condtion type then enter JVCS and then clickon key combition,in that select TAX CODE and then continue then in the next screen Give tax code in taxcode field which you have creted and then in the amount field give 2 and then in unit select percentage%.

    next assign that taxcode in logistic general--Tax on Goods Movements-india -


    basic settings---Determination of Excise DutyCondition-Based Excise Determination--Assign Tax Code to Company Codes.

    I hope you are clear

    regadrs,

    Santosh kumar

    Edited by: santosh kumar on Oct 27, 2009 10:16 AM

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    Former Member
    Nov 04, 2009 at 01:24 PM

    Thanks a lot to every one...

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