Interested to Buy Any Domain ? << Click Here >> for more details...
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?
- 4 Answers
- 12420 Views
- I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
Hi, Can anyone proivde the soluiton for the below senirio, thanks in advance. We are providing test services to various sites of a corporate. Now, we want to bill as a single bill point i.e. Corporate office. Single bill for each site will be generated. E.g. Panac Labs, New Delhi Head Office Panac Labs, Mumbai Lab at Mumbai Panac Labs, Kolkata Lab at Kolkata Panac Labs, Indore Lab at Indore In above case, we are cattering services to all four locations. However, New Delhi is the Head office and Lab too. Hence we will issue four bills addressed to Panac Labs, New Delhi. Outstanding and debtors will be maintained on A/c of Panac Labs, Head office. We also want to maintain sub- ledger base on sites
What is a typical duration and cost of an sap transportation management implementation? : transportation management
Hi this is bhargava here,I have 3months experience in marketing,& i have done SAP-SD.I need 1 offer in IT sector,any one help me plz.If u want 2 suggest me then mail me 958639@gmail.com
How can a customer can connect his SAP ECC system to his SAP CRM system
For what do you use customer hierarchies?
Give an example for a statistical condition?
Some materials have been blocked for procurement and production. Even though deletion flag is set for a material/plant level, the order can be still entered ( with a warning message). Is there a way to block such transactions for a material flagged for deletion?
What is the relation between credit control area and company codes and explain the credit control area?
How to maintain number ranges for sales document types?
How are the sources and targets definitions imported in informatica designer? How to create target definition for flat files?
Define tax determination rules
What is sap transportation management? : transportation management
How to change chart of accounts of company code after making several sales orders and delivery?
What are the different types of partial agreements available in sap sd ?
How do you determine the 'route' in sales and distribution?
