Vat Tax code for Services not calculating tax in FB70

[Former Member]

Hi Folks.

I need you assistance in solving this VAT tax problem.

We created VAT tax codes for comply with the 2010 VAT Services Tax. The VATx code is not calculating tax in FB70.

I checked FTXP settings for tax code ZA (input tax) and looks o.k., I think the problem might be in the conditiion setting but don't know what to do.

Thanks,

Tony

Edited by: Tony Akins on Feb 24, 2010 10:55 PM

[Former Member]

Dear,

Check the tax code in FTXP, then check whether it is a input or output tax. In FB70 customer invoice you select output tax code, and also check in OB40 business transaction key VST. Double click on it and give the chart of accounts then select the tax code and enter the tax code ZA and GL account.

[Former Member]

Hi Folks,

Thanks for yor feedback and alerting me of input tax versus output tax. I will check these and let you know

Thanks,

Tony.

[Former Member]

Dear,

I checked FTXP settings for tax code ZA (input tax) and looks o.k.

FB70 transaction is used to create Customer Invoice which will attract Output Tax and you have defined input tax in the tax code so how will system calculate the tax....

Regards,

Chintan Joshi