cst and Vat

[gino_babu2]

Dear Gurus,

Our finance consultant is on leave and we need to configure the tax condition types, CST and VAT in our system. What has to be done from finance side other than assigning JIVP and JCST in sales pricing procedure.

Regards

Sidhu

[sarthak_mohantysd]

Hello Gino

Gino Babu wrote:
Dear Gurus,
Our finance consultant is on leave and we need to configure the tax condition types, CST and VAT in our system. What has to be done from finance side other than assigning JIVP and JCST in sales pricing procedure. 
Regards
Sidhu

The concept is very extensive in nature and i would recommend you to kindly go through the below link for easy reference.

http://wiki.sdn.sap.com/wiki/display/ERPLO/CIN+Configuration+%28India%29

http://wiki.sdn.sap.com/wiki/display/ERPLO/CIN+Configuration

Thanks,

Sarthak

[former_member186385]

Hi,

first, You have to define an accounting key such as MWS in OBCN transaction code

Secondly, Assign G/L accounts for your accounting Key (MWS) in OB40

Next, in transaction code FTXP maintain the tax code with Tax rate

Assuming TAX procedure is already created

Hope these three settings will be sufficient

regards,

santosh