Assign Project Code to Tax account automatically

Hi Everyone:
When I assigned a Project code in a Marketing document, why in the Journal Entry the tax account does not assign automatically the project code the way the others accounts does?. Is there any way to achive this?
Thanks
Claudia

Hi,
Check this thread...
[Re: Project code is not tagged against service tax in transactional J.E.|Re: Project code is not tagged against service tax in transactional J.E.]
Thanks
Sachin

Similar Messages

Cannot assign Project Code to GST Tax Code

Hi all
With reference to SAP Message 389302, SAP has acknowledged the following limitation.
We would like to feedback to SAP Development team for correction of such limitation so that there is an option to assign Project Code to GST Tax Code in AP Transaction.
Our Client is not able to assign Project Code to Input GST Recoverable in AP Invoice transaction posted to General Ledger.
Currently, we are able to assign Project Code to the GL account for expense and AP Vendor so it will Dr Expense with Project Code Cr AP Creditor with Project Code but there is no way for us to assign Project Code to GST Code in AP transaction.
This is very incomplete and User has to make extra
effort to assign Project Code that is missing in Journal Entry created in from AP Invoice transaction with GST for printing the Balance Sheet by Project Code.
Kedalene Chong

Jac,
Another issue is cost center or profit center. It must also be assigned in th journal entry.
Rgds,

Assign Project Code to Freight charges in AP Invoice

Project Code field is not available in Freight Charges window at all though it can be displayed and edited by selecting Project Code to be visible and Active in Journal Entry Form Settings Table Format. As this is a limitation in SAP B1 please feedback to Development for improvement.
It is important to allocate Project Code to Freight charges in AP Invoice as every Purchase expense of Inventory or Non Inventory is assigned a Project Code for recognition in Profit and Loss Statement.
Kedalene Chong

Hello,
Your requirement to add project code on Freight Charges form is valid. This is well known issue and we have it on the waiting list; however, I cannot specify in which release this will be fixed.
Is there any other specific requirement on Cost Accounting you would like to solve?
Thanks.
Peter Dominik
SAP
B1 Product Definition

Project code updation in JE

Hai,
While creating an A/R invoice - Project is getting updated in JE if we set the same in Settings - A/R Invoice (Project) in row lever & header level except the GL Accounts related to Service Tax, Ces & Ecess. Even if we set the project in COA -> Accounts Details -> Project it is not getting updated in Project column in JE.
Pl. help to solve this issue as the project code should be updated automatically in all the rows in JE while creating A/R Invoice
Thanks & Regards
Narayanan

hi,
I tried that option also it is getting updated only in row level and BP but not in service tax GL A/c. Only service tax GL are not being updated.
below is the JE
Particulars           Dr.             Cr.              Project
Vendor A/c       1011                             Unit 1 Sales                                 900.00         Unit 1
Ser.Tax 12%                       108.00        Not updated
Cess @ 2%                            2.00        Not updated
E Cess @ 1%                         1.00        Not updated
Can anybody address how to update the project in Ser.Tax A/c.
Regards
Narayanan

DRQ : add the "Project Code" column in the "Recurring Postings" function

Hello,
This is a DRQ about the Recurring Postings function.
It concerns the "Recurring Postings" functionality (Menu "Financials --> Recurring Postings").
Version : 2007A SP00 PL38
Description of requirements :
In the current version of SBO ( 2007A SP00 PL38 ) when we create some recurring postings, our customers need to specify the "project code" information for each line (in addition to the "Distribution Rules").
Business needs:
Some of our SAP B1 customers use the Project codes for "Cost Accounting" follow up. They need to specify the "Project Code" for each line in the Journal entries created in SBO. In the Recurring Postings, it is not possile to specify that kind of information in the current version of SBO!
Current Workaround:
As it is not possible to specify the "Project Code" for each line added in the Recurring Postings recorded as templates, our customers have to re-open each Journal entries created thanks to Recurring Postings execution and to manually add the "Project Code" for each line where it is missing.
Proposed solution:
The solution is simple : simply add the "Project Code" column in the Recurring Postings templates will allow the journal entries created to automatically get this information and will avoid the users to modify manually each journal entries generated with the "Recurring Postings" function.
Kind Regards.
Grégory

The "project" field should also be available in the "Account Balance" grid. Every journal entry has a project code so it makes no sense that you can not view, filter, or sort by this field.

Project code from A/P Invoice and GRPO to Journal

Dear Friends,
Could you please specify the reasons for the following problem in SAP B1
The assigned Project code in A/P Invoice and Goods Receipt PO is not getting into its corresponding Journal Entries. But in the same company for other documents this functionality is working.
Edited by: Paul Finneran on Oct 15, 2009 12:37 PM

it comes in the row level (line items) of the journal.

Approval query to check on project code status cannot work

Hi all,
I setup project codes using SAP project master. I create a user-defined field in project master call 'status' with list down options 'O-open' or 'C-close'.
when user create a document, example sales quotation, user will enter project code in the accounting tab the BP project field. In the project field at row level, use will also enter project code.
I want to have a approval check that the project selected in sales quotation is not in closed status. If the project status is close, then need to submit for approval.
i created a query below to check on the header level project code but cannot work:
SELECT DISTINCT 'TRUE'
FROM OQUT T0 INNER JOIN OPRJ T1 ON T0.Project = T1.PrjCode
WHERE $[OPRJ.U_Status] ='C'
Can anyone advise what is wrong with my query?
Also how can i do include the row level project code check into the query.
Thanks.

Hi Veron,
Please find below a query requesting an approval when a selected project has u201CClosedu201D status in Project Codes table.
SELECT 'TRUE'
FROM OPRJ T0 WHERE T0.U_Status ='C' AND T0.PrjCode = $[OQUT.Project]
hope it helps,
Regards,
Ladislav
SAP Business One Forum Team

Project Code + Tax

Hi,
Can I get Tax details using the project codes. I have entered project code in the row level of Invoices?

To do so,
You have to define a new G/L (say for example 207003 for the tax and go to the chart of accounts and select the G/L and click account details
In the project dropdown select the project.
Now any posting to the G/L 207003 will have Project automatically filled in the Journal Entry.
Now click on 'Financials -> Financial Reports -> Accounting -> General Ledger Report.
Click the find button and select 207003
Select the Expanded button and from the window choose the project.
Now generate the report which is your Tax liability for the said project

LinkTax Code for particular Account Assignment

Hi Gurus,
Does anybody knows if is possible assign a particular Tax Code, depending on which account assignment I selected?
For Example, if I select Account Assignment A, the system assign Tax Code I1.
if I select Account Assignment K, the system assign Tax Code E1.
I really apprecciate your help.
Regards,
Hector.

HI
have you assigned the tax codes for your country, i mean go to SPRO - fianancial accountingnew- financial accounting global settings-taxes on sales and purchases and check tax codes for sales and purchases it will be specific for your country and assign tax codes.
then go to the tab posting and there you can assign the tax codes for your account assignment category. this is done with respect to the chart of accounts.
hope this helps.
Regards
Vignesh

Link Tax Account to Tax Code

How do you setup the tax account for a tax code within the IMG? Are there any prerequisites before this can take place?

In FTXP you'll see an account key............ MWS for example or VST.......
in OB40 enter the GL accounts for that Account key............
or to make it more simple
in FTXP there is a button Tax Accounts, click that button and assign GL's.
In the master data of Tax GL the field Tax Category should be filled appropriately.
Regards,

Tax Accounting in Projects

We are using event/event distribution method. Our accounting policy which is being consistently followed for last 7 years requires, revenue to be recognised gross of taxes. Hence the tax account should also be my revenue account when the transactions are interfaced into Receivables.
Is there any solution available in Oracle, even with a little of workaround using a custom report to take care of this.
Accounting at the time of EVENT revenue distribution and interface revenue to general ledger -
Unbilled Receivables A/c Dr. 1000
Cr. Event Revenue A/c 1000
Accounting when the invoice is interfaced in AR from the AR transaction window -
AR a/c Dr. 1100
Cr. Unbilled Receivables A/c Dr. 1000
Cr. Sales Tax Payable 100
I want this sales tax payable also to go into Event Revenue A/c. We have multiple Event revenue Accounts based on Customer Categories in AR. We have used SQL codes in Auto Accounting Rules to generate Event Revenue A/c.
Is there any Tax Accounting function, that I can use in Auto-Accounting in Projects to over-come this problem?

You may be aware of the following, if not the good back info for you I think:
The tax calculation on an invoice in projects is driven by how you set up Etax. Use the navigation
Responsibility: Tax Manager
Navigation: Defaults and Controls -> Applicable Tax Options
Application name: Projects
Then create your defaulting order of precedence.
Calculating tax in OP
yes you are correct the actual tax amount is not calculated in OP. The tax codes are applied at line level to the lines sent from OP to AR. So you have two options:
1. Create a modified draft invoice print that shows the tax amount calculated
2. You may want to challenge why project managers are required to sign of amounts including tax. They could not influence the tax amounts (they are legislated) therefore there does not seem much point in them approving thois apsect of the invoice. All they are approving is that the correct tax code has been used, which is shown on the draft invoice. Failing that you could introduce a project status workflow that requires project managers to approve that the correct tax code has been selected on a project before it is allowed to be billed.
Sorry I can give you a specific solution, but hopefully the above will help

Automatic Reconcialion of VAT Deffer Tax Account

Hi expert,
My client uses the VAT Deffet Tax. He would be able to do an internal reconciliation of Deffer Tax Account. .
I tried to use automatic reconciliation by using Ref 1, Ref2 or Ref 3 but it didnt work. So I tried to find something in JDT1 wiwh can be used for automatic reconciliation. But I have still failled.
Any ideas ?

HI,
If you maintain condition record for this 'Vendor / Plant / Material' combination and using the same combination while creating a PO, It should reflect in PO. For which condition type you are maintaining condition record in MEK1 ?
If the tax code is not coming by default in PO, then check that condition by selecting the condition type from your condition tab, and click on Analysis >> here check the condition type from where its picking.
You have options like, entering the tax code manually / Default from Info record / Default by maintaing condition records
Regds,
CB

Freight - Marketing Documents Assign a Project Code

Hi All,
I have a customer that uses project codes and profit center functionality in SAP Business One. They flag transactions to record the relevant project codes and profit centers for extended reporting requirements. So far we have had no issues but we have encountered one lack in functionality which I can't seem to configure in SAP Business One. The issue is that we cannot assign a project code when recording additional charges / freight during a marekting document in SAP Business One. However you are able to assign a profit center? Is this a limitation of the product and if so will this be addressed in future versions? Does anybody know?
Any feedback / ideas will be greatly appreciated!
Thanks
Andre Pienaar

Hi
Whole Marketing Document can be assigned to project, even freight is having separate profit center.
If u want to include more features in B1 pls post ur queries here:
Forum: SAP Business One Product Development Collaboration:/community [original link is broken]
Giri

Transaction Code to see all automatic account determination GL

Hi All
Please let me know the Transaction Code to see all automatic account determination GL like FI -GL integration with other modules/ submodules like AA,MM,SD, FM,CM etc. I tried with FBKP, but it is not giving all.
Regards
Sekhar

Hi
OMWB will give you account determination by parameter selections combinations viz,
1) plant / material / movement types
2) by company code / valuation area
3) the account determination in OBYC can also be seen here.
Thanks
kamala

In T-Code J2IUN SECess on ser tax account is not appearing

Dear All,
SAP version is 4.7.
For monthly utilization (T-Code: J2IUN), the option " Cross utilization between service tax and cenvat" need to be used.
Presently G/L account options appearing are as below,
     Service tax credit account
     ECESS on ser tax account
     Service tax payable accoun
     ECS on ser payable account
Following options are not appearing,
          SECess on ser tax account
          SECess on ser payable account
What need to do to appear the "SECess" options?
Please guide.........
Thanks & Regards

hi
check this sap Note 1045145 - 1% SECess levied on service tax - Budget 2007.
1032265 - Budget 2007-Legal implications
921634 - Service tax India: Transfer from Interim to Final Account

Assign Project Code to Tax account automatically

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