Import PO subsequent Debit: Taxes not calculated as per tax Code in MIRO

[Former Member]

Dear All,

I am facing the problem while taking Subsequent debit (MIRO) of Import PO. I am using service Tax code 10.30 % .

When I entered the amount 4000 INR. It calculated the taxes 348.18 which is not correct.

I also check condition in FV13 its properly maintained.

Thanks in Advance

Regards

Pawan Sarda

[Former Member · Accepted solution]

hi,

For which vendor(Indian or outside) you are doing subsequent debit ?

Always remember your tax procedure is for Indian scenario that is the reason always we put tax code as V0(zero input Tax)

in Import PO.

So what exactly is your process?

[Former Member · Accepted solution]

Hello

I m doing subsequent Debit for Indian Vendor.

[Former Member · Accepted solution]

HI,

When you simulate before posting what are the lines that are appearing (after making balance as 0) ?

[Former Member · Accepted solution]

Hello

Thanks for ur Reply.

MIRO -- Subsequent Debit -

---

>Tax code - S3 ( 10.30 % Services Tax) -

---

>PO NO. -

---

> change Vendor ( Import Vendor to Domestic Vendor) -

---

> Amount 4000 INR -

---

> also change Tax Code of Line Item -

---

>Simulate

Vendor A\c -

---

> 4,348.18 INR Cr

Stock A\c -

---

> 4,000.00 INR Dr

Service Tax -

---

> 338.04 INR Dr

ECS -

---

> 6.76 INR Dr

HECS -

---

> 3.38 INR Dr

Above process I m doing against Import PO but I m not identify why its calculated Wrong Service Tax or calculating on which base amount ?

Actual Entry

Vendor A\c -

---

> 4,412.00 INR Cr

Stock A\c -

---

> 4,000.00 INR Dr

Service Tax -

---

> 400.00 INR Dr

ECS -

---

> 8.00 INR Dr

HECS -

---

> 4.00 INR Dr

Edited by: pawansarda on Jan 21, 2012 11:41 AM

[tejyadav · Accepted solution]

Hi, Check the validity & % maintained for the tax code for service tax condition,if using TAXINN,

If using TAXINJ then check in FTXP as well as in FV13.

[Former Member · Accepted solution]

Hi

The validity and the % of condition are proper and already maintained.

[kunal_ingale · Accepted solution]

Hi

try entering some other tax code , and check calculation , say cst tax code

[Former Member · Accepted solution]

Hello

I try with some other tax code also but same result.

I observed one more thing while doing MIRO (Subsequent invoice)

When I entered 0.01 INR in uplanned delivery cost with S3 Tax code (10.30% Service Tax). Its give proper calculate and but its give an error as below

Balance in transaction currency

Message no. F5702

Diagnosis

A balance has occurred in transaction currency 'INR' with the following details:

Exchange rate '00', amount '127.64-' and currency key 'INR'.

The data in the transaction currency were transferred from the calling application.

System Response

Your data cannot be processed in FI.

Procedure

The error is probably in the calling application

[Former Member]

hi

check the purchase order whether any changes made