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Condition Based Down Payment - Tax Double Booking

arrazoi
Explorer
0 Kudos

Hi Gurus,

We have set up the Condition Based Down Payment process successfully, however we have some doubts about some postings related to taxes.

When booking the incoming down payments (for the whole amount), one part is taxable so it generates the proportional amount of taxes and that's correct as it needs to be informed to the authorities. The counterpart of the posting is done in an "Output Tax Downpayment Account" as the revenue is not accounted yet.

When creating the billing, it is generating again the tax amount for the remaining part, but also duplicating the downpayment posting (debiting and crediting) to offset the "Output Tax Downpayment Account".

From the point of view of the balance there is no problem but we would like skipping it.

An example to understand it better:
  • We sell 2 items (358€ gross and 55,5 gross)
  • 55,5 are taxable
  • we book the down payment (F-29) with the corresponding tax generated
  • we do the final billing

And the postings will be:

  1. At downpayment: Debit Clearing Account (413,5) - Credir Customer (SGL A) (413,5)
    Debit Tax Downpayment (9,25) - Credit Tax (9,25)
  2. At billinig: Debit Customer (413,5) - Credit Revenue (385,59) & Tax (9,25 + 18,66)
    Debit Customer (SGL A) (413,5) - Credit Customer (413,5)
    Debit Tax (9,25) - Credit Downpayment Tax (9,25)

Is there a way to avoid generating again the 9,25?

I still need to check but I guess it can cause a problem for the Advance Return for Tax on Sales/Purchases (S_ALR_87012357)

Many thanks in advance

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