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Former Member

Assignment of TAXES

Dear Team,

I got all the taxes values with their respective GL like:

Input Vat @ 12.5%

Input Vat @ 2.5%

Input Vat @ 4%

Input Vat @ 15%

Additional input 1%

Additional input 2.5%

Out put Vat 4%

Additional Output Vat 1%

CST Sales 2%

CST Sales 5%

CST Sales 4%

CST Purchase 2%

CST Purchase 4%

now where shall i maintain this values of taxes??

Rgds'

Gaurav

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5 Answers

  • Jun 21, 2010 at 08:05 AM

    In there respective condition record.

    For output tax, use tcode VK11 and tcode FV11 for input tax.

    Or you can use FTXP.

    Thanks & Regards

    JP

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    Former Member
    Jun 21, 2010 at 09:58 AM

    Hi,

    You can ceate Tax code through FTXP for Input and Out put atax codes and assign the Percentage accordingly.

    Regards,

    SK

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    Former Member
    Jun 21, 2010 at 10:02 AM

    Go to FTXP then maintain %age against condition type 12% like that and click on tax accounts and provide your chart of accounts and mention required GL account

    Regards

    Sashi

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  • Jun 21, 2010 at 10:09 AM

    Dear,

    There are two thing,

    1) You will maintain these % and GL in Tcode: FTXP against out put/input VAT Condition.

    2) Further you will maintain condition record in Tcode: VK11 for OTAX and Tcode: FV11 for Input Tax.

    I hope i am able to make u clear.

    Regards

    AJIT K SINGH

    HAPPY TO HELP U

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    Former Member
    Dec 14, 2010 at 09:59 AM

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