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Former Member

Output Service Tax in TAXINN procedure

Dear Experts,

One of my client is realizing revenue directly through FI route for situations like Rental income and would like to recover output service tax as well.

For all the other scenarios i have configured service tax condition in SD pricing procedure however i am not sure how to handle output service tax in case of direct FI entry.

Any Help will be appreciable .

Regards

Jalaj

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2 Answers

  • Best Answer
    Dec 06, 2016 at 11:14 AM

    Hi,

    1. Create a condition in OBQ1 for output service tax

    2. Create a account key in OBCN with the tax type as output, do not select non-deductible check box and also select posting indicator as 2 in OBCN

    3. Assign the condition type along with account key in the tax procedure in OBQ3

    4. Maintain the tax code along with rate for the tax condition in FV11 with the combination of tax classification.

    Regards,

    Mukthar

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  • Dec 06, 2016 at 11:09 AM
    however i am not sure how to handle output service tax in case of direct FI entry.

    Even nobody here is sure what efforts you put to achieve this from SD side. Any value that should be posted to FI from SD side, you need to have a condition type and an Account Key for the same in Pricing Procedure.

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