Automatic derivation of service tax (derived flow) flow during the posting of charges through FWBS in Security Module.

Hi
Case: Automatic derivation of service tax (derived flow) flow during the posting of charges through FWBS in Security Module.
I am trying to post the charges using Manual Posting FWBS but system not generating (automatically) derived flow for the service tax flow on charges.
I have done below mentioned steps for configuration:
Define the derivation procedure and Rules.
Assign the update type to the function of security account management.- Define update type fo manual posting.
Kindly advise.
Regards

Hi,
The definition of "Define Derivation Procedures and Rules" for derived flows are only taken into account during transaction management, deriving one flow type from origin flow type. This customizing does not have effect for FWBS. You may check the below customizing:
1) Transaction Manager > Securities > Master Data > Product Types > Define Company Code-Dependent Settings for the Product Type: mark the indicator "Generate taxes" in Settings for tax generation.
2) Transaction Manager > Securities > Position Management > Securities Account Management > Define Tax Rates.
Further you may consider the implementation of BAdI TPM_TAX_CALCULATION (please see note 1159408) to calculate the tax depending on your requirements. Note: the above BAdI is called only in the case the required settings are done in 'Define Tax Rates' in the Customizing.
Best regards,
Jasmine

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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

Creation of Service Tax code 10.30% on the 25% of the Base Amount

Dear Team,
We want to create a service tax code of 10.3% on the 25% of the Base amount.
Base Amount - 100.00
25% of the base amount(100/25) = 25.00
service tax(10.30%) to be calculate on Rs. 25.00
25*10.30% = 2.57
Base amount --> 100.00
Service Tax -->      2.57
      Total:                     102.57
Can somebody let me how to create the service tax code for this.
Regards,
Siva.

Hi Randeep,
As they said it is service tax GTA.Right we are doing out of SAP, we want it to be done in SAP
The tax calculation will be like below
service tax of 10.3% has to caluclate on the 25% of the Base amount. Like
25% is taxable and 75% is livied.
Base Amount - 100.00
25% of the base amount(100/25) = 25.00
service tax(10.30%) to be calculate on Rs. 25.00
25*10.30% = 2.57
Base amount --> 100.00
Service Tax -->      2.57
        Total:           102.57
Regards,
Siva.

Service Tax condition not picking during MIRO

Hi,
Referring earlier posted thread,
http://forums.sdn.sap.com/thread.jspa?threadID=2135441&tstart=0
I want to know insert a Tax Code - VAT for 10% and a Condition Type - Service Tax for 10.3%...
During MIRO, Service Tax Amount is not Picking... Why???
There is any solution for it.....

Hi,
If we create Service condition type, then why need to create Tax code in FTXP and maintain in FV11...
Why both things need to create...??
No need to maintain
check for your service tax condition type
Cond. class A Discount or
Calculat.type A percentage
Cond.category B Delivery co
and you have accrual tick for your condition in t-code M/06
also check in your pricing procedure you have assign account key and accrual key for your condition type in t-code
M/08
Regards
Kailas Ugale

Tax Code removed on changing the posting Date in Purchase Order

Dear All,
This is with reference to the Purchase Order Document tax part, the document has been defined with the approval procedure and document series followed as annual series. The document series is linked to the period indicator as I am using the monthly series for the A/R & A/P Invoice.
Now some Purchase Order was generated in the last month i.e. 30 NOV 07 which has gone for approval. These document are approved in the current month (Dec 07) & user are trying to add the records it displays the message as "Date deviates from permissible range [Purchase Order - Posting Date] [Message 173-11]" as the period indicator is changed to Dec 07 in document numbering.
The problem is when user changes the document date to Dec 07 for posting; system removes the tax codes, which is available in the document. Now as this is approved document user is not able to change or renter the tax codes.
In this situation what can be done as the same case will again happen for the next month.
Pls. provide the solution / work around for this problem.
Regards,
Yogesh Jadav

hi yogesh,
Cancel/Close the created purchase order.
First you should change docduedate in posting period upto december 2007/end of fiscal year,by following the below path.
(Administration->sytem intialization-> general settings--> posting period tab)
Create a new purchase order.
Send it for approval,authorizer can change date as required,
once the posting date changes,tax code get refreshed,authorizer
need to select tax code once again.
<b>Tax code normally get refreshed when you change posting date it's normal
system behaviour.</b>
After authorizer does above changes,he can approve purchase order.
Once purchase order is approved,orginator can add it as purchase order in draft stauts.
<b>After approval we can not do any changes in purchase order.</b>
Hope my solution will solve the problem.
Thanks,
With regards,
A.Jeyakanthan

Service tax Receivable and payable adjustment automatically

Dear GURU,
Service Tax Receivable & Payable The Client wants to have a Service Tax Control Account that would be automatically populated for the particular bill / Invoice on the day of Vendor Payment and Customer Receipt.
a. Example
While Billing Entry - 31.01.2008 (SD)
Customer A/c 20000
To Service Tax Payable 500
To Rental Income A/c 19500
(Or)
Service Income
(Provision Entry only)
31.01.2008(MM)
Security Charges 4750
Service Tax Receivable 250
To Vendor A/c 4950
To TDs Payable A/c 50
(Provision Entry Only)
On Incoming Payments from Customers (05.03.2008) (FI)
Bank A/c 19500
TDs Receivable 500
To Customer A/c 20000
(Required Automatically (or) Control) 05.03.2008
Service Tax Payable 500
To Service Tax Control A/c 500
On Outgoing Payments to Vendors (10.02.2008) (FI)
Vendor A/C 4950
To Bank A/c 4950
(Required Automatically (or) Control) 10.02.2008
Service Tax control A/C 250
To Service Tax Receivable 250
Please Note: The entries in Red Font are required to be passed automatically
pls suggest

Hye
You can not generate this entry auomatically. Other option available is Create Tax code for Ex S1 assign account service tax controll account and create another Tax code Say T1 assign GL Service tax cenvatable ( With Target TAx Code as S1). You have to maintain the Service tax controll item with open item management.
On a periodical basis you execute f.38 transfer the Data from S1 to T1 and adjust the eligiblie amount on a periodical basis.

Miro service tax amount is calculating wrongly for particular materials for import PO

Dear All,
I have created import PO with three vendors like foreign vendor, customs duty vendor & Clearing Agent vendor.
After creating PO with all conditions the PO is posted and MIGO is done.
While doing MIRO there is no problem for foreign vendor and customs duty vendor (there is no service tax applicable for both)
While doing MIRO for Clearing agent vendor, we have to calculate service tax for 12.36 %.
The service tax is properly maintained in the system and its calculating correctly for all other PO's except this PO.
This particular PO has 32 materials.the values are flowing correctly from PO to MIRO but while calculating service tax the tax value is higher than the exact value.
When we do MIRO for same clearing agent with different material the service tax is calculating correctly. But if we use particular materials with same clearing agent vendor the tax amount is not calculating correctly
For example:
for Item 10
The value is 1062.72 & 12.36 to be calculated on this value.
The actual tax value is 131.35 but in MIRO its showing as 171.90. The same problem is happening with all other 31 materials.
The Info record is not maintained for all the materials. On what basis should we check for the above issue. Kindly help with your valuable inputs.
Kindly refer the screenshot.
Thanks & Regards
Subbu

Hi Ajith,
Please find the screenshot below
But for same vendor with different material in another PO the tax is calculating correctly
9050* 12.36 = 1118. 58
For this the tax is exactly calculating as 1118.58
Regards
Subbu.

Service tax Calcualtion

Hi,
We r using TAXINN proceudre.now i want the service tax to be calcualtedin usng the tax code in fb60 transaction.
how can this be possible.
in fv11 the relation can be established with vendor/palnt/material or other combination.how can i derive this just for vendor.
thanks in advance.
answers would be rewarded.
regards
sriram.p

Hi friends
I don't have an account key for Output tax. So how to create an a/c key then how to assign it to condition Type. Plz help me out. Is somebody has any documentation for this plz mail it to [email protected]
Thnx & regards
Rajaram

Service Tax

Hi ,
Pls Guru's help
Service Tax Receivable & Payable The Client wants to have a Service Tax Control Account that would be automatically populated for the particular bill / Invoice on the day of Vendor Payment and Customer Receipt.
a.     Example
While Billing Entry - 31.01.2008 (SD)
Customer A/c      20000
     To Service Tax Payable      500
     To Rental Income A/c      19500
(Or)
Service Income
(Provision Entry only)
31.01.2008(MM)
Security Charges           4750
Service Tax Receivable      250
To Vendor A/c           4950
     To TDs Payable A/c      50
(Provision Entry Only)
On Incoming Payments from Customers (05.03.2008) (FI)
Bank A/c           19500
TDs Receivable      500
     To Customer A/c 20000
(Required Automatically (or) Control) 05.03.2008
Service Tax Payable      500
     To Service Tax Control A/c      500
On Outgoing Payments to Vendors (10.02.2008) (FI)
Vendor A/C          4950
     To Bank A/c      4950
(Required Automatically (or) Control) 10.02.2008
Service Tax control A/C      50
     To Service Tax Receivable     50
Please Note: The entries in Red Font are required to be passed automatically
pls suggest

Hi Prakash Sai,
There is no red font marked in your thread. You can post the autoposting in service tax accounts using the tax code for different types and assign the required GL account for tax code postings.
BSR

Service tax issue

Hi,
My client is posting some vendor invoices through FB60. When they are posting in FB60, TDS is getting calculated automatically for that particular vendor. Entry is showing like this
Itm PK Account Account short text Assignment Tx Amount
1 31 201009 Intertek Testing Ser 887.00-
2 40 170113 Exp Freight unplannd 1,000.00
3 50 111106 TDS Payable - Prof 113.00-
Now the problem is service tax. Service tax is 12.36%. Invoice amount 1000 include service tax also. Now they are posting service tax manually. The entry should be like this
Itm PK Account Account short text Assignment Tx Amount
1 31 201009 Intertek Testing Ser 887.00-
2 40 170113 Exp Freight unplannd 889.00
3 40 104501 Service Tax Credit 111.00
4 50 111106 TDS Payable - Prof 113.00-
Now the service tax Rs 111/- Should be calculated automatically by the system. what changes I have to made. please suggest me. Advance thanks.
Jay

Dear amit,
My issue is service tax should be calculated on expense account and that amount should be debited along with expense account. Vendor account and TDS accounts should be credited. If I assign the new tax type to vendor master this amont also will be credited. I want the entry should be like this
Itm PK Account Account short text Assignment Tx Amount
1 31 201009 Intertek Testing Ser 887.00-
2 40 170113 Exp Freight unplannd 889.00
3 40 104501 Service Tax Credit 111.00
4 50 111106 TDS Payable - Prof 113.00-
If it is possible in way u suggested, plz explain briefly how to proceed.
Regards
Jay

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 accounting

Hi SAP GURUS,
I want the stagewise accounting entries for the service tax in SAP, when it is treated as deffered tax.And processed in tcode S_AC0_52000644 - Deferred Tax Transfer (New) . So what will be the entry in MIRO , S_AC0_52000644 - Deferred Tax Transfer (New) , Balance payment of service tax.
Thanks
CHEERS

HI i hope you are using TAXINN
You create Service tax code as Interim (for ex : - S1 - 12.36%Servive Tax -Interim (Input)) through FTXP and create one more tax code as Final (S2 -->12.36%Service Tax- Final (Input)) .
got to the property of tax code S1 and assign "Target tax code" as S2.
Please maintain the tax percentage in FV11 against condition type for Ex :
IN: A/P Service T
A/P ECS on ST
A/P SEcess for ST
Please assign GL accounts to account key through OB40
I think your all steps over as per service tax .
please post the entries using service tax code Interim only.( FB60 or MIRO)
Once the payment made to the vendor , then you run the program (S_AC0_52000644) the entries will automatically posted from interim to final
Ex :Invoice booking through FB60 or MIRO
31     2000031     Vendor     621,776.00-     S1
40     53003000     PROFESSIONAL FEES     553,378.43     S1
40     27601100     S.T RCVBL-INT. A/C     66,405.41     S1
40     27601101     ECESS-S.T RECVBL-INT     1,328.11     S1
40     27601102     S&HE CESS-ST REC-INT     664.05     S1
Transfer posting through Program (S_AC0_52000644)
40     27601000     S.T RECEIVABLE     66,405.41     S2
50     27601100     S.T RCVBL-INT. A/C     66,405.41
40     27601001     ECESS-S.T RECVBLE     1,328.11     S2
50     27601101     ECESS-S.T RECVBL-INT     1,328.11
40     27601002     S&HE CESS-S.T RCVBLE     664.05     S2
50     27601102     S&HE CESS-ST REC-INT     664.05
Any issues come back again
Regards
santosh

Service tax - vendor

Dear all
Vendor 1,103.00            Cr
18729001 PL-Vnd-Mtl 1,000.00          DR
26364211 Svc tx OH on svcs 100.00 DR
26364216 ECS OH on svcs- 2.00       DR
26364218 SEC OH on svcs-1.00        DR
This is my miro entry
and it is gong to on hold account
how to transfer on hold to payment account
and the following are my payble accounts.
16614211 service tax payble account
16614216 ecess
16614218 sces.
please advice..
in j2iun how to utilze in j2iun no balance in that acccount ie., 16614211
16614216
16614218
Please note that we already paid to vendor in f-58 tr.code
vendor account Dr                          1,103.00
To Bank account (outgoing) Cr.       1,103.00
I appreciate your earliest reply
Thanks & Regards,
satishkumar

Hi
There is no automatic transfer of balances from on hold account to service tax credit account. you need to pass a FI journal entry debiting the Service tax credit account and crediting the on hold account. Then balance will appear for utilisation in J2IUN.
Regards,
Lakshmanan Krishnan

New Service tax mapping effective from April 2011

HI Experts,
Service tax rule has changed wef from 1st April, 2011 on
foreign exchange related transactions. The Notification No 26/2011
Below given are the slabs for calculating the new service tax
Gross amount of currency exchanged % of
service tax on transaction value
Upto Rs.1,00,000/-
0.1% or Rs.25
whichever is higher
From 1,00,000-10,00,000/-
100 and 0.05% on amount between
1,00,000 & 10,00,000/-
Amount exceeding 10,00,000/-
Rs.550 and 0.01% on amount exceeding
Can any one help for mapping this senario or any body implemented the same
Thanks in Advance
Regards,
Ram

Hi,
Note 1435105 - Master note for Indian Budget 2010 for Logistics (MM & SD) - this was the master note for impementing the service tax.
But now as service tax regulations have changed we need not configure the old service tax postings i.e postings to interim service tax accounts.
As and when the service is invoiced directly it can be booked to Service Tax Payable/Receivable accounts, previously the postings were made to Service Tax Payable/Receivable Interim Accounts. Later the amounts of the interim accounts were transferred when the invoice is paid.
Note 1571186 - Changes to Service Tax from Indian Union Budget 2011-2012 - please find the latest note on this.
In the above note there is zip file attached which expalins about the changes to be done and about the old postings.
thanks & regards,
shashi kanth.

Cenvat Credit taken based on service tax registration

Hi Gurus,
My client is in the service industry ( oil exploration work for ONGC)
Now when client procure the material, he paid the excise duty and take the CENVAT credit against service tax.They does not maintain the excise register like RG23A & RG23C.
They required one report for take the cenvat and wants the entries of excise duty into separate GL instead of loaded into material.
SO CIN setteings are required are not.
pls suggest me what i do in that case.
As i think no setting required for excise CIN module cause client does not registered with Excise and treat excise condition into separate GL as VAT and CST.
Regards,
Dinesh

HI Nukala Padmaja,
Thanks for your help.
Could you tell me which service tax gl accounts should be entered there. We usually have 3 gl accounts i.e.
1. Service tax
2. Education Cess on ser. tax
3. ECS on service tax
and there are options for 6 GL accounts of service tax:
3 gl accounts for ser tax account &
3 gl accounts for ser tax payable
so i am confused where to entered that gl accounts.
Awaiting for your valuable suggestion.
Thanks and Regards,
Nilesh Joshi.

Automatic derivation of service tax (derived flow) flow during the posting of charges through FWBS in Security Module.

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