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Former Member

Example of RVAB02 PP from IDES

Hi

Can anyone give me an example of how RVAB02 PP works from IDES? I want an example how accounting entries look like for Sales price inclusive of tax.

I have a problem now that tax code is not getting copied to the Revenue line in accounting doc since iam calculating tax on gross price and not on price after tax.

I will be very grateful for any help regarding this.

Thanks,

Vaishnavi

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2 Answers

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    Former Member
    Sep 21, 2011 at 05:01 AM

    Hi,

    Check whether account determination is done in OB40 (by FI people).

    there we have to assign the GL account for that tax condition account key with Tax code.

    For this goto OB40 and double click on transaction and you can see the tax code and GL account if you maintained here.

    if it is maintained currectly,then explaine me what are the entries in your accounting doc.

    Thank you

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    • Former Member

      Hi Ravi Kumar

      Thanks for your reply. We have maintained OB40 settings properly.

      The scenario and pricing procedure is like this.

      For eg if sales gross price is 1000 entered by the customer, the pricing procedure should calculate the revenue as Rs.945 and tax as Rs 55 (5.5%).

      The accounting entries should be customer credit 1000, sales g/l account debit 945 and tax account Rs 55.

      I was able to achieve like this,

      step 1 ZPRO - 1000

      Step 2 ZK04 - Discount

      Step 3 subtotal 1 2

      ZDPR - step 1 Acct Key ERL (condition record maintained as 94.5%).

      ZBT - step 1 Business tax (condition record maintained as 5.5%, B1 tax code) - Acct Key EVT.

      The accounting entries are as desired, but we were getting error that condition type acct key EVT can be maintained only on step which has ERL, we disabled the error mesg by seeing the note 112609 and accounting doc is created. But tax code is missing in the Sales revenue G/L account.

      Its been explicitly said in the note 112609 that tax code will be copied to the revenue line in accounting because tax is not calculated on price which has ACCT KEY ERL.

      I tried using RVAB02 standard pricing procedure with tax inclusive but in vain. Since IDES is not available in our company i have posted in this forum to see the accounting entries when RVAB02 is PP.

      Thanks,

      Vaishnavi

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    Former Member
    Jan 25, 2012 at 11:39 AM

    Resolved.

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