It necessary to create Tax code for excise determination in
TAXINN in SD Scenario. While maintaining condition record (
JEXP) for Excise access sequence JEXC doesn’t has Tax
Code field Whereas for Sale Tax determination (
JCST/JLST) access sequence JLST /CST which has Tax code
field . (In TAXINN we create Dummy tax code (blank))
is it true whatever I have written ? If yes then what is
use of tax code where it triggers in FI Posting? Why we use
only for Sale Tax not for Excise duty?
Answers were Sorted based on User's Feedback
Answer / kumaran
Not necessary to create particular Tax code, You can just
create 1 dummy Tax code and maintain to all. It wont affect
any FI, based on this Tax code as per my knowledge.
And Only for Sales Tax only it will ask i.e for JLST & JCST,
It wont ask for Excise related any duty.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / rajat agarwal
It necessary to create Tax code for excise determination in
TAXINN in SD Scenario?
No.
While maintaining condition record (JEXP) for Excise access sequence JEXC doesn�t has Tax Code field Whereas for Sale Tax determination (JCST/JLST) access sequence JLST /CST which has Tax code field ?
-This is because Excise condition types are defined as Discount/Surcharge, whereas LST and CST condition types have been defined as Condition Class "D-Tax".
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / siva
To my understanding
Excise Duty, Education Cess are populated from mere
condition records (VK11). Tax Code is not necessary. Just
Material Code+Chapter ID (any other additional fields that
suits biz requirement). In pricing procedure we need to
assign account key EXD against these condition types.
Similar to the account determination we do for revenue we
do GL acct det for Duty & Cess. Meaning posting to
accounting is done directly from SD pricing procedure
For Tax, the posting is done from FI and hence we need TAX
CODE to maintain GL account. We need to maintain a
condition record for VAT (Say) with tax rate and assign a
Dummy Tax code in the record. In FTXP for this tax code we
need to assign GL accounts. Rate need not be maintained in
Tax code.
Is This Answer Correct ? | 1 Yes | 0 No |
I think u r wrong abt JLST/JCST, I have seen it before n
after read yor Q I checked it again, but I didnt found Tax
Code in it. So as per my knowledge u wrote abt TAXINN-Fake,
I couldn't got it, i think u r thinking abt a negative
entries which whould take effect it A/c,s.
Is This Answer Correct ? | 0 Yes | 6 No |
Explain EDI and its usage?
In a return process for a faulty material for which invoice is done and customer wants to settle in 2 scenarios 1-- in credit memo and 2--by another material, how to configure this.
order was created 6 month back for the material M-12 , at a price Rs.400/- and now price is increased by Rs.80/-,we want to bill the customer now for the new price. What changes or customizing should be done? Plz. reply...
What are the responsibilities of a functional consultant in an implementation project?
Message_Type_X " No RFC destination defined for Global Trade Service". error occured During PGI. Now we dont want to use global trade service then how we can deactivate the global trade service.
Hi Friends I have completed my M.B.A in 2006. I have 5yrs of experice in Marketing. I completed SAP SD course also. But problem is i dont have good acadamic. I am a average student. I am passed degree and M.B.A in 3rd division. Now i am tring for SAP Job. Can i eligible for SAP job? Pls tell me. Thanks in advance. srinivas(hyd)
On which server End user training are given?
in automatic credit contrl we maintain the horizon period in months. but my client wants to maintain in days!!!! where can i change the requirement???????
If I created sales order for 10 pcs of materials. Now I want to give a sample to the customer which he will refund to company after 10 days. How we will process this scenario in SAP?
What is an option by which we can run all the sessions in a batch simultaneously?
What is the use of "Usage" field in the item category determination? please any one kindly give me the answer?
Can one business area be assigned to several company codes? Which (sub) module of sap could make business areas obsolete?