If we are Maintaining diffrent tax Percentage rates in FTXP
and pricing Procedure? what will happen in Accounts? which
percentage will taken by system at the time of posting?
Answers were Sorted based on User's Feedback
Answer / mohan babu
If the company is using Tax-inj method (it is a formula
based method) where you are maintaining the tax rates based
on the specific date wise. For instance, let me explain in
the specified date the tax rate was 10% and after that date
tax rate was changed to 12%. Then if the invoices/receipts
entered in the specified periods (i.e with 10% rate), they
will affect with tax rate at 10% only and remaining will
consider under new tax rate after the specified date
mentioned in T-code FV11.
If the company is using Tax-inn method, where we are
maintaining the tax rates under condition. if the tax rates
change it will affect for both new and old invoices/receipts
which are not cleared.
In Tax-inj tax rate taken by system based on open and
closed date. In Tax-inn rate taken by system based on rate
maintained in FTXP T-CODE.
Is This Answer Correct ? | 5 Yes | 0 No |
Answer / ksandeep
Let us suppose we are configuring taxation for country India with tax procedure TAXINJ. In this tax procedure we can enter the tax rates in transaction FTXP (If the tax procedure is TAXINN we do not require to enter the tax rates here).
When there is an entry from FI side these system apply these tax rates for that entry.
If there is an entry from SD side, pricing from SD will be applicable and condition maintained in that pricing procedure for tax will be applicable. MM condition records are maintained through transaction VK11.
If there is an entry from MM side, the pricing procedure maintained in MM configuration will be applicable. Similar to SD entries, the condition maintained in the MM pricing procedure for tax will be applicable. MM condition records are maintained through transaction MEK1.
Is This Answer Correct ? | 2 Yes | 1 No |
Hello all, a doubt on F-32 knock off clearing. I am using F-32, partial payment tab, for knocking off between Receivable (DR) and Collection (DZ). Senario: If the collection amount (DZ) is more than receivables (DR), after the entry when i check in FBL5N and F-32 open items, the Collection (DZ) amount is unchanged eventhough a part of the amount is paid against Receivables DR. Lets say, DR-500, DZ - 1000. After entry DR gets cleared. but DZ remain 1000. Could any one help me on this?
fiscal years are diff for two diff co.codes with diff usd&inr,then how can you generate the combined report in usd currency?
sir i am bcom complited,I wanna do sap,Can it help me to boost my career and i have a long gap after graduation. suggest me which ll be the better option andwhich moudle of sap or other option ll support me.after copmlition of sap i wanna do mba in distance.
3 Answers HCL, State Bank Of India SBI,
What controls the screen flow?
Define the term "fiscal year"?
What you are selected as a consultant and customer wants following process to be activated in SAP. As a consultant please suggest the modules to be implemented. Business Process : Customer who is having one Publicity department for his many companies, interested in getting the figures of Budget for certain exhibition expenses to be done by strict adherance to budget . Publicity expenses to be captured for information- separately and in the original Publicity department. a. Profit Center b. Cost Center c. Cost Element d. Internal Order e. Activity types
What is the use of sales returns in fi?
what is asset group? what is parllal chart of accounts?
What is pre-closing? : fi- general ledger accounting
Overview of G/L account :- Dear, what type of G/L account use in SAP.How to see all type of G/L account in sap those are used in a organization
Hi, can any post the sap entries
How can you manage partial payment from customers in fi?