Skip to Content
author's profile photo Former Member
Former Member

tax on freight also

when i do MIRO, the tax is getting calculated on freight also which i dont want.

i want the tax is calculated on material cost only.

How to do this.

Add a comment
10|10000 characters needed characters exceeded

Related questions

2 Answers

  • Best Answer
    Posted on Apr 15, 2011 at 09:21 AM

    Hi,

    In MIRO at line item level, select ZERO % Tax Code or Tax Code with Nill Tax for e.g. V0 for Freight line and then try, it will not calculate tax on freight.

    Add a comment
    10|10000 characters needed characters exceeded

  • Posted on Apr 15, 2011 at 09:44 AM

    Hi,

    You should have separate freight condition type in M/06 t.code, the Cond.category must be B(Delivery Cost) & select accrual flag in control data 2 TAB .See that in the schema(M/08) , the freight condition type must be assinged to accounting key with accrual key combination.

    Also assign in OBYC, freight G/L account with proper account key with other combination.

    When you create PO with freight cost , you will see NET price in the PO is without freight cost in which from net price tax wil be calclualting--- where we do maintaioned for base price (BASB) with 362 routine in tax procedure (OBYZ)

    Just do GR wrt PO & then MIRO, you can see all correct accounting impact where you can clearly find our freight cost cost posted to freight G/L account and not tax added to it

    Regards,

    Biju K

    Add a comment
    10|10000 characters needed characters exceeded

Before answering

You should only submit an answer when you are proposing a solution to the poster's problem. If you want the poster to clarify the question or provide more information, please leave a comment instead, requesting additional details. When answering, please include specifics, such as step-by-step instructions, context for the solution, and links to useful resources. Also, please make sure that you answer complies with our Rules of Engagement.
You must be Logged in to submit an answer.

Up to 10 attachments (including images) can be used with a maximum of 1.0 MB each and 10.5 MB total.