Interest on customer item excluding service tax

Hi,
When i run customer interest calculation(FINT) system calculates interest on invoice + service tax amount but i want to calculate interest on only invoice amount excluding service tax.
Request immediate help.
Thanks in advance.

Hello Pranav,
Select radio button as Net amount instead of gross amount in mentioned customization.
SPRO > Financial accouting New > Withholding tax > Extended withholdign tax > Calcualtion > Withholding tax type > Define withholding tax type for invoice. Double click on relavent TDS type & change gross as net and check impact,which we are using since notification annouced by Income tax department.
Regards
Mani Kumar

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Exclude service tax from amount

Dear All,
Please guide how can i exclude service tax from amount like Rs. 1000 is inclusive 12.36% service tax now my client requirement is first we have to reduce 12.36% from base amount and then charge 10.30% on the same . how can we resolve please help
vivek sharma

1) Create two condition types in V/06 and maintain negative against the field "Pos./Neg" for one condition type and positive for one condition type
2) Maintain Access Sequence for these condition types in V/07
3) Maintain the required percentages against each condition type in VK11
4) Go to V/08, select your pricing procedure and execute. There maintain the negative condition type next to the step number from where the value Rs.1000/- is cumulated. Key in the step number against this condition type as that of Rs.1000/-. Insert another step number and maintain the text net value where you maintain the From-To step number as that of Rs.1000/- and negative condition type. Now your value will be deducted from Rs.1000/-. Again assign another condition type which has positive value next to the step of net value and maintain From-To step number accordingly.
thanks
G. Lakshmipathi

How to get 3 line items of service tax into 1 line item?

Hi All,
I have a requirement in Service Tax calculation. As of now when an user post any Vendor invoice in Service tax it is posting 3 line items, i.e. Service tax, Edu cess and Higher Edu cess. But user want to post all 3 line item should come as 1 line item. Even I tried for changing GL Accounts in OB40 then it is posting to same GL account but 3 different line items. Can any give their inputs.
Thanks
Vallabh

Hello,
tell the user if you make three line items into one then you will be running from pillar to post segregating the Basic Tax, Edu Cess & H Edu Cess at the time of monthly reporting to statutory authorities. Pls ask the user to show you the service tax reporting format, you will understand.
Pls explain user the advantage of having three separate line items so that user is able to appreciate working in SAP.
Otherwise, in OBQ3 (Tax Procedure) you can remove the settings of condition types for ECess & HEcess and also delete the tax % maintained in FV11. The service tax will work only with one condition types where you maintain the entire 12.36% which according to me is little incorrect. Pls take a call accordingly
best regds
Subha

F-48 TDS on Base Amount Excluding Service Tax+Edu Cess+H.ecess (194J)

Hi Expert,
We want at the time Advance Payment against PO. thru T.Code F-48, when i go to give the amount after Deduct TDS 10% on Professional System calculate all three Item i.e Service Tax 10%, Educational Cess 2% on Service Tax, and Secondary & Higher secondary Cess 1% .
The total Amount Rs. 1826/- Including Three Component Base amount Rs.1625/-.
We want system Calculate on Base Amount i.e 1625 of 10% = 162.50, but system calculate on Gross total i.e Rs.1826 and Tax 182.60.
Kindly Help me to simulate the Transaction.
Kind regards
Pranav Kr. Gupta
SAP FICO Consultant

Hello Pranav,
Select radio button as Net amount instead of gross amount in mentioned customization.
SPRO > Financial accouting New > Withholding tax > Extended withholdign tax > Calcualtion > Withholding tax type > Define withholding tax type for invoice. Double click on relavent TDS type & change gross as net and check impact,which we are using since notification annouced by Income tax department.
Regards
Mani Kumar

Calculate interest in customer items and posting as a noted Items

Hi!
I would like to know if is possible calculate interest for a customer item and posting the result as a noted items instead a normal posting?
Thanks in advance!
John Marcelo

Hi,
I really doubt whether this functionality is available in standard SAP functionality.
Regards,
Ravi

Journal Entry for Service Tax Non-Deductible.

Dear Experts,
I have created an A/P Invoice for a Service item with Service Tax Non-Deductible(100%). For that we got the journal entry as below.
Journal Entry
Edu. Cess on Service Tax Payable Dr.                   00
HCess on ST Payable Dr.                                        00
Service Tax Payable (Non-Deductible) Dr.              00
Inbound Freight and Carriage Dr.                       10000
Service Tax Payable (Non-Deductible) Dr.            258
                Vendor A/c                                                     10258.
But my client is asking for the credit figure to be splited to Vendor A/c - 10000 and Service Tax Payable (Non-Deductible) A/c - 258.
He wants the Service Tax amount not to be credited to the Vendor A/c; but to be kept in the Service Tax Payable account.
Is this correct and possible? Please advice.
Regards,
Anandh.
Edited by: anandharajaa on Apr 8, 2011 7:32 AM

Hi
I never seen this kind of scenario....
If your involving any tax in Document then it will Cr. or Dr. to respective vendor or customer and it is the logic too , they have to pay for that... IF they are not payable then will your company pay for that to Govt. It will be lose to company only....
So in Straight the way you need is wrong according to me, May be i don't know your are current scenario might be like this... if it so pls explain further ....
Giridharan V

Clearing agent service tax in import po

Hi,
How to map Customs clearing agent service tax in import po?
for ex:
clearing agent service charge - Rs.2000
service tax 10% - Rs.200
E CESS 2% on ST - Rs.4
SHE CESS 1% on ST - Rs.2
Kindly give your suggestions
Regards,
Ramesh Kumar. V

Few questions,
1. will this agent service charge is going to inventorised or get added to your material value
2. which business scenario of import has service charge attached to it?
3. Service tax->whom will you pay this tax to the material vendor or your service agent vendor? I think it would be the service agent.
If the service agent charges are not going to add to your material then you will have to create a service PO line item seperate from the the material PO line item. Thereafter you can map this scenario as normal define service agent charges as delivery charges in service PO line item 2 and mainatin a Tax code in the system for service tax using FTXP and maintain the condition record for the same in FV11 (if TAXINN) or mainatin the tax % value in tax code FTXP (for TAXINJ).
BR

Standard LSMW for open vendor items with Withholding tax

Hi All,
I am searching the direct input LSMW which is having the Withholdig tax. There is a direct input program in LSMW ( RFBIBL00) but it is not uploaded the withholding tax for open vendor and open customer items.
If anybody know which LSMW is recammanded or anthing related to BAPI or IDOC for this requirements.
Dhiraj.

Hi
If you need to upload the WT tax you have to fill the structure BWITH of std BI RFBIBL00, so your LSMW project should create a file like this:
---> Session data
BGR00
---> Document data
BBKPF (Header data
BBSEG (Vendor or customer item)
BWITH (Withholding tax data)
BBSEG (G/L item)
Max

Service tax treatment

Hi Gurus
while raising bill to customers we enter tax code 4 service tax n it gets calculated automatically on the whole amt. Now when we receive partial payment how will service tax be calculated proportionately on the amt recd?
Same query in case of payment to be made to vendors.
e.g
Customer Dr 112
To Revenue 100
To Service tax interim a/c 12
Bank Dr 50
service tax interim a/c Dr 6
To customer 56
How will the system calculate it automatically and proportionately?

Sorry actually the 2nd entry shd be :
Bank a/c Dr 56
Service tax interim a/c 6
To customer 56
To service tax final a/c 6
This entry shows that the amt received against service tax is trf to service tax final a/c.

Service tax Taxinn SD

Dear Frnds,
I am unable to find data for setting up service tax in SD.........................I found notes which provided information on TAXINN mm and sd but sd is excluding service tax...........please assist with the condition types to be used in SD and FI (with reference to which condition types and the account keys etc )............I have tried searching on my own for the last 3 days before finally posting on SDN
Please do assist
Regards
MAddy

Dear Maddy,
In service tax condition type i used MWST as access sequence for all the three condition types.
Normally servie tax is used in Service industry, in that case as per your client you can map pricing procedure.
Normally service tax is calculated on Gross value.
Education cess and Higher Ed Cess are calculated on Service Tax.
Thanks & Regards,
PM

Entry tax posted in Gr & excluded in IR. How to clear open item in Entry Tax Clrng gl??

Hi Experts,
Issue is as below.
Material Po Value 1000
Entry Tax value        10
Grn Posted with entry tax hence accounting entry as below
Material Stock Gl Dr 1010
Gr Ir                                  Cr 1000
Entry Tax Clrng                 Cr    10
But while posting vendor Invoice, user excluded Entry Tax line item
GR/IR Dr 1000
To vendor Cr 1000
Now Gl Entry tax Clearing gl has open item for rs 10.
I tried MR11 ( Delivery Cost Accounts) Is it the right way to clear this open item???
plz suggest

Hi,
Does your po is like the indian scenario ? and you told that you maintained the Entry Tax condition in the MM pricing procedure and the Entry tax condition is like frieght condition definition . Is this right ?
If so in the MIRO screen with refernce to the PO post as delivery costs . Normally for posting the entry tax what will you do while MIRO ? You select the goods services + planned delivery costs ? if is that process you followed , then you can post the missed one like as above.
Regards,

Service tax calculation for payments made and posting as noted items in FI

Hi all,
I have requirement to calculate service tax on customer payments made in construction company while booking a flat in building.
here we need to calculate service tax on noted items in FICO.depending on work completed and amount received we have to calculate service tax applicable for those payment made.as,I am new in this construction sector having confusion in calculation of amount.can anyone guide me through this.
Thanks in advance.
Harshada
Edited by: Harshada.up on Dec 9, 2010 6:35 AM
Moderator message: "spec dumping", please work yourself first on your requirement, obtain local help if necessary, e.g. get back to the author of your requirement.
Edited by: Thomas Zloch on Dec 9, 2010 10:53 AM

Hi Srinivas,
Can you please tell me how the service tax will get calculated in rental conditions?
I've made the following configuration settings:
Step1: RE-Fx>> Accounting>> Automatically Generated Accounting Documents>> Summarize Documents:
Under this node>> Set Item Summarization "Active" for the particular co. code.
Step 2: Defined service tax under "Tax Type" for country INDIA
Step3: Under the IMG node:
RE-Fx>> Accounting>> Integration FI-GL, FI-AR, FI-AP>> Assign Tax Code:
I've maintained Service Tax (tax type) to the country IN.
Also in the contract under posting parameters tab; i've maintained the Tax Type as Service Tax.
In conditions tab also, when I'm simulating the condition, I'm getting the correct entries, (as shown in the screen shot):
Condition Amount: 20,0000 INR
Net Cnd Crrncy: 20,000 INR (for the month of July)
Tax Cnd Crrncy: 2472 INR.
However, when I'm doing RERAPP; i'm unable to post the condition. Getting the 2 errors (screen shot attached):
1) Tax code S2 does not exist in company code E500
2) Taxes by item is activated; consequently, transfer by item is mandatory
Kindly pl. assist where I'm going worng or any configuration missing due to which I'm unable to execute RERAPP for a condition (with service tax calcultaion) for a commercial lease in contract.
Thanks
Shantanu Kar

Service tax interim account open item

Hi ,
I am transferring service tax from interim account to main account by using the standard functionality. The transfer is correct in terms of amount. But it is not clearing the open item. I need to clear the open items against which the transfer of amount from interim account to main account is happening.
Regards

Hi lolu,
Thanks for reply.
I am maintaining this account as open item only. And thats why my question is it is not clearing open item management. Without managing it on open item how will it clear the open item?
members help me to resolve this issue.
Thanks

Service tax line item not coming at the time of Cash receipts.

Hi Gurus
I have an issue, when i received payment from customer than no line is generated for service tax reversal which i have captured at the time of billing, but it is happining through T code F-28.
any one have some idea of it, please share with me.
Regards
Shiv

From which T code you are posting customer receipt???

Additional Service tax line items at the time of payment

Hi friends,
Please look into the following requirement:
At the time of vendor invoice, following entry is passed:
Dr. Expenses                                             3000
Dr. Service Tax (ST) not accrued Due             100
Dr. Ed. Cess on ST Not accried Due                20
Dr. SHE Cess on ST Not accrued Due             10
Cr. Supplier                                          3130
In the normal course, at the time of payment the following entries are generated:
Dr. Suppliera/c.    3130
Cr. Bank a/c.                 3130
My requirement is: at the time of payment, the service tax components debit entries should be nullified by credit entries and these three items should be debited to new accounts and the entries should be:
=========================
Dr. Suppliera/c.                            3130
Dr. Service Tax (ST) 'accrued Due' 100
Dr. Ed. Cess on ST 'accrued Due'      20
Dr. SHE Cess on ST 'accrued Due'   10
Cr. Service Tax (ST) Not accrued Due 100
Cr. Ed. Cess on ST Not accried Due     20
Cr. SHE Cess on ST Not accrued Due   10
Cr. Bank a/c.                                      3130
==========================
The purpose of the above is to carry forward only the tax applicable to the due account at the time of paying the vendor.
These additionally created three items as 'accrued due' should be taken for adjustment against the output tax liability at the time of making the payment of tax to the Government.
I am not sure whether this is what being following as a general practice.
If this is not so, I look forward your remarks on the procedure to be followed or updation of any SAP Notes.
Full points will be awarded for eligible answers.
Regards,

Yes yar. I know the concept of special GL. But I fail to understand how that would be applied in the case.
My requirement is in another terms:
At the time of posting vendor invoice, the ST line items are created and is taken for input credit.
But I dont want that to be taken for credit at that time. Only at the time of payment to the vendor, the same should be credited to my 'due' account. So the line items generated at the time of invoice posting should be nullified with equal credit entries and additional credit entries for availing credit should be generated at the time of payment. This process should happen in the case of output service tax also.
The processes should generate those additional nullifying and crediting 'due' accounts manually when you select the outstanding invoice and click on it for processing.
Am I more clear to you now ? Please offer your comments. Is there any SAP Notes for coping the situation.
Regards

Interest on customer item excluding service tax

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