Interested to Buy Any Domain ? << Click Here >> for more details...
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?
- 2 Answers
- 15850 Views
- PWC, I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
Explain how taxes are handled in sap?
What is a posting period?
If you want to learn Free Sap FI Course online join "SAP Fi Free online Course group" on FB
What is gl master record? How is the field status of gl master record maintained?
Can you have non-calendar months as periods in a non-calendar fiscal year?
What is the meaning of additive costs in sap and why is it required?
Explain the customer master record and list various segments in them.
What is the basic difference in wip calculation in product cost by order and product cost by period (repetitive manufacturing)?
What happens in an actual costing run?
Explain fi-mm integration? : fi- accounts payable
Is it possible to use standard sap co-product functionality in repetitive manufacturing?
How do you define a new company code?
In accounts receivable, what is the difference between the 'residual payment' and 'part payment' methods of allocating cash?
What is year dependent fiscal year variant?
if company is incorporated on apr25, how to create a fiscal year with period 1 starting from apr25 instead of apr1? (fiscal year is apr-mar)
