Answer / sujji

Enquiry, Quotation, Price comparison
Sales order- type of material, qty, rate, delivery, payment
terms, customer
Delivery goods- customer a/c dr
Billing - to revenue a/c(F_22)
to Output tax a/c

1) Define Tax Procedure (OBYZ)
2) Assign country to calculation procedure (OBBG)
3) Define Tax codes for sales & purchases (FTXP)
4) codes 2 types A code-sales/output, V-purchase/Inputtax
5) create G/L Acct (FS00) VAT payable
6) Assign tax codes to G/L Acct (OB40)
The above steps are configuration completed after TAX CODES
are using in INVOICE POSTING.

Answer / pavan kumar

First of all thanks for Sujji for investing her time to
give complete idea. the above answer is correct but that is
the case when only fi module existswith out sd.

if sd module also exists then it is not tax code based ..it
is procedure based ..so that configuration done in sd-fi
integaration.

as an fi guy ur role is here to create tax procedure in
obyz and assign in obbg and then give the accounting keys
that u have utilized in tax procedure to SD guys.... they
will asign depending up on customer location and
product ....

so that while calculating tax procedure is taken obyz (via
accounting keys ) but tax rates are from sd pricing
procedure...

hope u understood

Answer / matt

Pavan - would you like a job SAP VAT FI SD?

Answer / sreenivas reddy.pallem

VAT means Value aaded tax which is applicable when we are purchasing within the state.
in t-code OBYZ Tax procedure we will define % of VAT to be calculated on Base amount like 100 Rs is the product price , 6% is the excise duty then total 106 rs is the product price on theis amount VAT will calculate like 4% then VAT=4.24 NOW the total value of product is 110.24rs
Create tax procedure in OBYZ
assaign tax procedure to company code OBBG
so we need to create one GL a/c for VAT and assaign this a/c in OB40
Then create tax codes in FTXP here give VAT % . SAVE

What is the meaning of ADHOC P.O's Do we create Adhoc P.O's to our regular Vendors.What are the Tax aspects in this Issue.

0 Answers  

---

What data is required for automatic a/c determination?

1 Answers  

---

when transport save objects, where do they get transported?

0 Answers   Reliance,

---

What is the difference between distribution and assessment?

0 Answers  

---

Hi Guru's. Can any one explain, Process Flow/Steps and Integration of HR with FI Thanks in Advance S S

1 Answers   Accenture, IBM,

---

What exactly do you know about the sap fico?

0 Answers  

---

where is excise amount posted?is he asking abt table name or any other t code? if he said table name so how to find the table name?

0 Answers   TCS, TSE,

---

Explain about a shortened fiscal year?

0 Answers  

---

What is an outline agreement? : fi- accounts payable

0 Answers  

---

What is field status group, what does it control?

23 Answers   Accenture,

---

i want to run my app with 4 different payment methods and that 4 methods are different country now can i run app with all 4 methods at a time.

4 Answers   HP,

---

What is periodic processing in fi-aa? : fi- asset accounting

0 Answers  

---