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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?
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Answer Posted / 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.
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