Calculate tax in Vendor Down Payment

Hi,
While posting down payment to my service vendor including service tax amount in F-48 after tick the calculate tax also, it is not asking for tax code and it is not showing service tax seperately. Only vendor a/c and bank a/c's are simulating. Please tell me how to calculate tax while doing vendor down payment.
Regards,
Prasad

> Hi,
>
> Thanx for ur reply, every month we are paying through
> advance payment for internet connection including
> service tax and this is fixed amount.
1. Enter vendor down payment - gross amount (do not calculate tax)
2. Post a recurring document to your vendor account which will include the lines:
C Vendor
D Internet charge expense account
D tax
3. Allocate invoice with down payment

Similar Messages

  • Withholding tax in vendor down payments

    Hi Friends,
    While testing a scenario of withholding tax and vendor down payment
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    For down payment document Vendor line item report (FBL1N) shows withholding tax amount in withholding tax amount column, withholding tax report S_P00_07000134 is showing the down payment document with correct tax amount.
    When the above Vendor down payment cleared;
    For the cleared document Vendor line item report shows zero in withholding tax amount column, and the withholding tax report S_P00_07000134 is also showing neither the cleared document nor the down payment document.
    If the cleared down payment is reversed;
    Vendor line item report shows withholding tax amount in withholding tax amount column, withholding tax report S_P00_07000134 is showing the down payment document but with zero tax amount.
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    Please share your experience on such scenario.
    Regards,

    Hi MAURIZIO,
    Thanks for refering the SAP note, but this note speaks of inconsistency of displaying WHT info with lot of withholding tax information, this note is applicable upto Release 470. We are on ECC 6.
    Regards

  • Withholding tax on vendor down payments

    The System is not calculating withholding Tax when I make down payments to to vendors. How may i correct this please

    Hi MAURIZIO,
    Thanks for refering the SAP note, but this note speaks of inconsistency of displaying WHT info with lot of withholding tax information, this note is applicable upto Release 470. We are on ECC 6.
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  • Tax code mandatory in vendor down payments

    Hello,
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    Check two options
    1. Goto to FBKP-> Special GL -> Clear the tax column in the special GL for downpayment screen.
    2. Check out the field status group of the reconcilation account. FS00-> 3 rd tab -> Double click on the FSG and check if the tax items.
    3. Check out the Field status Group of the Account group in which the vendor is assigned.

  • Vendor down payment clearing without VAT posting.

    Hello SAP Gurus,
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    Currently our Vendor down payments produce VAT postings when clearing with final invoice, which is correct.
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    User is using F-44 transaction and can not define any tax code for postings, system calculates it automatically.
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    Thank you,

    I have tried to enter 0% input tax code, but still I'm not able to post document because of error msg:
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    Diagnosis
    You can not enter a tax amount in this item since, due to the posting amount entered and the tax code, a total tax amount of zero has been calculated.
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    Only enter tax amounts in conjunction with tax codes for which a percentage rate not equal to zero has been defined. Make sure that in documents with several G/L account items you enter the total tax amount in an item with a sufficiently high posting amount.

  • Help with F-48 Vendor Down payment for Italy please

    Hello,
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    Any ideas?
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    Hello Deepa Khatri,
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  • No WHT deduction at the time of Vendor down Payment

    Hi All,
    I want to calculate WHT at the time of Vendor Down Payment in F-48 but system is not deducting WHT.
    I checked the WHT Configuration, it is ok.
    WHT is liable in vendor Master data.
    WHT in Field status group of Reconcilliation Account is not suppress.
    Pop up menu display of WHT in Vendor down payment in F-48 but not deducted.
    System generate entry Vendor Dr, Bank Cr.
    Waiting for solution.
    Regards
    AJ

    Hi,
    Please check whether the configuration in Withholding Tax Type for payment postings are done properly, and see to that the Central invoice settings are done properly... and also check "Define Min/Max Amounts for Withholding Tax Codes"
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    Edited by: Sathish Kumar.K on Oct 27, 2011 9:23 PM

  • Vendor Down payments: VAT

    Good Day,
    When I post a vendor down payment with T-Code F-47. I post an amount and tick the calculate tax box but when I simulate the transaction no VAT(tax) was calculated.
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    Regards
    Ropetra

    Good Day
    All the basic tax config has completed.
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  • Vendor down payment request Error

    Hi all,
            i created a vendor down payment request using f-47. I had created a tax code for the country "AE" using FXTP. But when in the vendor down payment request it is not picking the tax code,giving the error "Tax code AN for country AE has been deleted or incorrectly changed", Message no. FS201
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    Thanks in advance
    Ani Varghese

    Hi,
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    You might not have maintained the GL Accounts for this. Maintained it in OB40.
    Regards,
    Amit

  • Vendor Down Payment in Cash through F-02

    Hi All,
    When I am entering Vendor Down Payment made in Cash through F-02, it is not passing entry for WHT(TDS). It gives following error "Withholding tax amount exceeds total bank line item amounts"
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    Activated the option of "Cash Flow" in Bank Account Master ( T.Code FSS0).
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  • TDS is not getting reversed in T.Code:  F-54 -Clear Vendor down payment

    Hi,
    Please help on the below issue:-
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    2. We passed MIRO also.  There we deducted TDS on full value of invoice amount.
    3. While making T.Code:  F-54-clear vendor down payment, TDS is not getting reversed.
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    Regards
    Srinivas

    Hi,
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  • FS206 error message for vendor down payments

    Hi All,
    I m getting following error message while posting vendor down payment using F-48,
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    Diagnosis
    Taxes may not be entered for down payments with the jurisdiction code taxation procedure.
    Procedure
    Change the master record of the reconciliation account for down payments. It may not be tax-relevant (leave tax category blank).
    I made the tax category in GL master data as blank. However it is still asking for a tax code.
    Kindly let me know if anyone has faced a similar issue earlier.
    Thanks in advance!
    Best Regards,
    Aman Goel

    Hi,
    Change the "Alternative Reconciliation Account" master data (in FS00) for down payment assigned to your vendor reconciliation account.
    Leave the tax field blank and do not check mark posting without tax allowed.
    Regards,
    SDNer

  • Vendor Down Payment should not exceed Total PO Value

    Dear All,
    We want to restric the Vendor Down payment to total PO value and system must not allow to post the Down payment more that Total PO value.
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    Tax                     100
    Other charges    150
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    Now when we make down payment to the above vendor against the PO,the system must not allow us to make down payment more then 1250/-.
    Do suggest.
    Regards,

    Hi,
    You need to write validation rule & user exit for checking PO amount with down payment.
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    Regards
    Anuj

  • Vendor down payments with TDS

    Hi Experts
    I am trying to make vendor down payment with deducting Withholding tax through transaction code F-48. At the time of simulating of the same system is giving error message
    "Withholding tax amount exceeds total bank line item amounts.
    Message no. 7Q320"
    All configuration has been done like tax code and tax type for down payment and assinment of GL account.
    Kindly advise as on urgent basis.
    Kuldeep Dubey

    Hi
    Check the Total Debit & credit for that document
    the normal JV for TDS entry in F-48 is
    Vendor Dr 10000
    Bank    Cr 7734-
    TDS - B     Cr 2000-
    TDS - S       Cr  200-
    TDS - C        Cr 66-
    hope its useful ........assign points if found useful
    Regards
    R.Ramakrishnaraj

  • Tax calculation on down payment

    Hi all,
    At the time of progress billing- there is no tax calculation for down payment for Service Invoice.
    so tax calculation on down payment will be FI step through(F-29).
    For e.g total contract value is 1000 and 10% is down payment..for this tax will be calculated on 900 and for 100 downpaymen the tax calculation will be through FI side.
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    Service Tax is NOT Income Tax.  So, you would not calculate Service Tax downpayments.  Service tax is applicable only on Service rendered and does not concern whether it is paid.  (Though, if you want to avail Service tax credit, you'll have to pay for the service, which is mandatory as per the Indian Tax laws).
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    The above is true for India and most countries.  You have not mentioned which country are you working with.  If such a scenario is appropriate in your country, you'll have to consult your country version documentation.
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