Correction to taxes and gross
An employee's Gross wagetype /101, tax wagetypes /401,/405,/406,/441 is off. I want to correct his results. What is the best method to correct these? Infotype 221? Please advice how can I fix this.
>
sagarika sharma wrote:
> tax wagetypes /401,/405,/406,/441 is off. I want to correct his results.
What do you mean when you say above? If the result is current, then you can void and try to give employee correct gross which will lead to correct taxes.
Arti
Similar Messages
-
Withholding tax and Gross amount determination
Dear all
First of all, I would like to underline that before to post in this forum I have read all the documentation (official and not official) related to the Withholding Tax configuration in SAP, but in the end I have some doubts and so I kindly ask you cooperation to better understand the logical of the system.
In our country (ITLAY) the withholding tax (WTH tax) must be withheld at the payment invoice to the vendor, so our system should automatically calculate and posts the amount to the right tax account; my question is: which setting we have to use in order to have the right calculation of the base amount?
When you enter the invoice, the system determines the base amount for withholding tax and stores it in the document (INVOICE ENTRY SIDE). You can also enter the base amount directly. When the invoice is paid, the tax amount is calculated from the base amount and your specifications for the tax code. If the tax amount is to be paid to the tax authorities, the system automatically posts the amount to the tax account. The system reduces the payment amount to the vendor by the withholding tax to be paid (INVOICE PAYMENT SIDE).
At the Invoice Entry SIDE when entering documents, if the withholding tax is to be calculated at the time payment is made, only the base amount is calculated when the invoice is posted, this is what we are looking for, so my question is:
How does the system calculate the base amount of WTH tax?
Maybe an example could be better to explain our request:
Invoice received from a Tax adviser that is liable to Withholding tax.
1. Invoice Total Amount 1372
2. Fees (Tax Base amount and WHT Tax base amount) 1000
3. Specific Italian Contribution (Tax Base amount and NO WHT Tax base amount) 20
4. Social Security Contribution (Tax Base amount and WHT Tax base amount) 40
5. Expenses reimbursement (NO Tax Base amount and NO WHT Tax base amount) 100
6. VAT Basis (point 2 + 3 + 4) 1060
7. VAT Amount (20%) 212
8. Withholding Tax Basis (point 2 + 4) 1040
9. Withholding Tax Amount (20%) 208
Is it possible to manage this flow under the Invoice Verification FLOW? It means:
1. Issue a Purchase Order to the TAX consultant
2. post the GR for services
3. post the IR, in this step the System should calculate the WTH base amount 1040
4. post the payment and the WTH TAX
Accounting flow is:
Point 2) post the GR for services
Credit Balance Sheet GRIR services account -1040
Debit P&L Account for services 1040
Point 3) post the IR
Credit Vendor Account -1372
Debit Balance Sheet GRIR services account 1040
WTH TAX BASE AMOUNT
Debit P&L Account Expenses reimbursement 100
NO TAX BASE AMOUNT AND NO WHT TAX BASE AMOUNT
Debit P&L Account Specific Italian Contribution 20
TAX BASE AMOUNT AND NO WHT TAX BASE AMOUNT
Debit Balance Sheet Tax Account 212
Point 4) post payment to the vendor
Debit Vendor Account 1372
Credit Balance Sheet WTH TAX ACCOUNT -208
Credit Balance Sheet Bank Account -1164
I have just one doubt: for the calculation of the WTH TAX base amount the system consider the amount/value of the GR, so in this case 1040 or the system will take in consideration all the item for the VAT TAX BASE AMOUNT, so in this case 1060?
I am asking this because I found on the SAP documentation, when it explain the Withholding Tax Type Calculation Setting:
Gross amount - The withholding tax base amount equals the line item gross amount.
Tax amount - The withholding tax base amount equals the tax amount of the line item.
I know my request is not so clear, and I have to apologize with you because it is very long, but please someone can help me
Regards
Marcothanks for all folks
-
Net tax base and gross tax base is not defined in FB70
Dear SAP Gurus,
I am booking the customer invoice directly through FB70. While booking the same I am using the tax code A0 (Zero Output Tax) Tax Code column as the account is mandatory for Ta Code. But when I post the transaction system gives the following error.
Net tax base and gross tax base is not defined
Message no. F5341
Diagnosis
For the company code, it was specified that the net value (amount minus cash discount) is the tax basis and the gross value (amount including taxes) is the cash discount base. This constellation is not supported by the system.
Procedure
Correct the configuration for the company code in question.
I also check the FXTP confiq the A0 tax code is assign company code & also define & assign in zero tax code.
Please give the solution ASAP.
Regards,
SandeepHi,
Check OBY6 as suggested by Kalyan or use Tcode - OB69.
Regards,
Shridhar -
Gross up Taxes and NICs together(taxes+NICs)
s there any way you can Gross up both Taxes and NIC together? How do I go about this? Any step by step procedure or SAP note about this?
ok
-
A/R Installment Payments with Sales Taxes and Freight in 1st payment
Our sales dept. wants to offer our customers Installment Payment plans (6, 12, 24 mths) for product sales which is easy enough to set up using Payment Terms and the Installment Payment flag.
But our Accounting Dept wants to collect the Sales Taxes and Freight "up front" in the first payment.
We do not want to use Milestone billing since Accounting wants to recognize the revenue of the sale during the month of the sale ... so a single Invoice to the customer with the Payment Plan printed on the invoice is the option they want done.
I have not been able to find any way to set up the Installment Plan configuration to do such a thing. The Terms of Payment refer to the total Invoice amount.
Has anyone here be able to accomplish such configuration (without doing custom coding in a User Exit)?
Example: $60,000 item, %5,000 tax, $100 frieght = $65,100 total invoice. (6 month payment plan)
Payment #1 = $15,100
Payment #2 = $10,000
Payment #3 = $10,000
Payment #4 = $10,000
Payment #5 = $10,000
Payment #6 = $10,000I have already set up the installment plan in OBB9 with 6 entries (1 - 6) for my IP Payment Term of IPM1. I have the percentages setup as 16.67 for each of the installments and the last set at 16.65 (equaling 100%).
The problem with Sales Tax and Freight is that you can not simply assign an arbitrary percentage to the 1st installment (for example make the 1st installment 25% and break up the remaining 5 installments fromt he other 75%).
We need to make sure that the first Installment from the customer is for the Sales Tax, the Freight, and exactly 1/6 of the material cost (if it is a 6 month payment plan).
I have activated User Exit EXIT_SAPLV60B_007 to intercept table generation of the installment plan that is sent to Accounting to fix this problem. Now the Accounting document connected with the customer invoice is correct. My next step is to fix the SmartForm print of the Installment Plan on the customer's Invoice. -
Input Tax and Output Tax calculating wrong figures
Hi,
I have created Input Tax and Output Tax codes in SAP.
Input Tax- 3%
Output Tax- 4%
All the configuration is done as required. But when I am posting the Purchase and Sales Invoice, the tax amount is not calculating correctly.
For example:
Input Tax Calculation should be:
Vendor A/C.............. Cr 30000-
Expense A/C............ Dr 29100
Input Tax A/C............ Dr 900 (@3% on 30000)
Input Tax Calculation in SAP:
Vendor A/C.............. Cr 30000-
Expense A/C............ Dr 29126.21
Input Tax A/C............ Dr 873.79 (@3% on 30000)
The same is happening to Output Tax transactions.
Please advice.My understanding about the Input Tax and Output Tax was wrong. In the issue reported
Input Tax Calculation should be:
Vendor A/C.............. Cr 30000-
Expense A/C............ Dr 29100
Input Tax A/C............ Dr 900 (@3% on 30000)---my understanding was wrong.
Input Tax 3% should be charged on Expense amount, in this case Rs 30000. But because in the editing option calculate tax on net amount option was not selected, hence SAP was giving the below entry, which is correct as well.
Vendor A/C.............. Cr 30000-
Expense A/C............ Dr 29126.21
Input Tax A/C............ Dr 873.79 (@3% on 29126.21) which is correct.
Hence, the Vendor amount should be Expense + Input Tax= 30000 * 3%=900 + 30000 (expense) = 30900.
Correct Entry should be:
Vendor A/C...............Cr 30900
Expense A/C............Dr 30000
Input Tax A/C............Dr 900
Resolved. Pankaj has given the correct answer. -
Cleared Invoice net and gross report
Hi Experts
I have been doing some investigating and i cant seem to find a way to run a report on cleared vendor invoices that have been cleared which clearly show the net and the gross of an invoice.
fbl1n is almost right but it shows the gross and not the net. The information can be got from fb03 by drilling down into the document data.
Can anyone shed some light on this elusive report?
I would appreciate a point in the right direction as i have really searched and experimented in SQVI but with no success.
Again, any help would be gratefully received.
With Complimnets
aHi Gabriel
Thanks for taking a look.
What i mean is the gross value (value including tax) and the tax amount (the value of the tax).
I have tried applying the other fields in fbl1n and there are no values pulled through.
Kind regards
a -
Reg. Tax and VAT calculation in a PO.
Dear Experts
We want to maintain both tax and vat for a po, if we use both the VAT didn't calculated in PO,manual excise and other cess are calculated. Pls help me how to maintain both in a PO.
Thanks
Rajakumar.KHi,
1- Pls check in FV12 combination for tax and vat condition types.. is it maintained on same logic i,e tax code or mat./plant/vendor... should have same combination..
2- check the both condition types date have correct validation date.
3- maintain the tax and vat condition types rates in ME11or MEK1 -
Vendor Master with Tax and process an invoice
Good Morning SAP Gurus
How do I set up a vendor with withholding tax and then process that vendor for an invoice?
Points awarded.
Thanks!One more question Mutka-
In your experience, what is best practice when creating tax types via EWHT? Is there a logic you follow?
It looks to me that you should assign one tax type for every tax code? I have 3 sets if you will, 1099 not withholding, 1099 withholding and 1042 withholding. I have defined 16 tax codes for each segment thus far. That is why I asked if there was an OSS to change the tax code field to 3 positions than 2 because the consultant before me used for example B0 through B9. Problem I have now is I have to add 6 more and as of now, I cannot make it B10 and so on.
If the above is correct then I would need to assign 1 tax type 1099 for withholding and repeat for 1 tax type 1042 for 16 recepient type? However, it looks to me that this needs only 1 tax type for 1042 for every tax code? Please confirm.
Thanks!
Edited by: AMS on Sep 16, 2009 8:14 AM
Edited by: AMS on Sep 16, 2009 8:18 AM
Edited by: AMS on Sep 16, 2009 8:19 AM
Edited by: AMS on Sep 16, 2009 8:32 AM
Edited by: AMS on Sep 16, 2009 8:35 AM -
TRM - Tax and Revenue Manag.: Define forms in Public Sector Tax Assessment
Hi Gurus,
I try to define my forms via transaction SM34 - VC_FMCA_TRM_SCENARIO. If I create a new Scenario for application T - Tax and Revenue Management (TRM). After that I create a Version, which is valid from 20110101 to 99991231. Next step is Form Views. Here should be Views: A - as field, B - as ammended, C - as calculated, etc. But no values are in table TFMCA_PHASE. And there should be standard values A, B, C, D and E. If I try to put there value A, error message occured: Entry A does not exist in TFMCA_PHASE (check entry).
We have EHP4 system.
any ideas?
thanks a lot
MiroslavHi,
there is needed to add following values in transaction SM30 - V_TFMCA_VIEWS:
A - As filed
B - As amended
C - As calculated
D - As corrected
E - As audited
You can activate a change document here also.
regards
Miroslav -
hi sapers
what is meanning of requirement and alternating condition base value in pricing and tax procedure.thankshi,
this used for SD/MM
Requirement:
It is a routine that is written by an ABAP consultant according to the business requirement.
By defining Requirement in condition technique we can restrict the access of condition type.
To understand the concept, we will take the example of the Rebates. Rebates are to be included during the billing document processing and not in the sales document processing. As rebates are given on the delivered quantity and not on the ordered quantity (in case of cut-off period for rebates).
For rebates we use the condition types BO01 to BO05, and in the Requirement column we give the value 24 which is "Only in Billing Document".
This Requirement will ensure that these condition types will appear only during the billing document processing.
If new Requirements are to be defined we follow the procedure given below.
Go to T.Code: VOFM. - Maintain Requirements & Formulas
Click on the "Requirements" in the top menu and then click on "pricing".
We have a list of requirements, we can ask ABAP consultant to create new requirement based on the client requests.
And we assign the application type like V - Sales/Distribution etc.
AltCBV - Alternative formula for condition base value:
Formula for determining the condition basis as an alternative to the standard.
It is again a Routine that is written by ABAP Consultant.
It is used as a basis to calculate value of the condition type instead of using it from the "FROM" column.
Ex.: Freight - KF00.
Freight is calculated based on weight, volume etc. and not on the base price. In pricing there is no entry of weight from which the value can be referred like we do for discounts using base price. We have to get the value from the Material master.
In this column we can mention the value as 12 - Gross Weight or 13 - Net Weight.
During pricing, the system will consider the value that is mentioned in this column and determine the freight based on this value.
Suppose we have Net weight: 100 kgs and Gross Weight: 150 kgs. And if we mention 13 in this column then the Freight condition KF00 will be calculated using the weight as 100 kgs. -
Reg. TAX and VAT configuration
Dear Experts
In PO creation I have to maintain both VAT and CESS,and I have configured but only one is calculated that is VAT only calculated
CESS is not calculated showing 0.00,but can use any one either VAT or CESS,it is working, at a time both are not calculated.
Pls help me what is the configuration missed.
Thanks in advance
Rajakumar.K
Moderator: This thread has been locked due to crossposting.
Please do not post the same question in different forums.Hi,
1- Pls check in FV12 combination for tax and vat condition types.. is it maintained on same logic i,e tax code or mat./plant/vendor... should have same combination..
2- check the both condition types date have correct validation date.
3- maintain the tax and vat condition types rates in ME11or MEK1 -
Billing Problem: Tax and Franchise Fee for Internet Service
As I said it's likely not fixed. They likely just issued a one time credit to offset the charges, but the charges will just be back next month. I already said agents have no control over taxes.
I am currently being charged tax and a franchise fee for my internet only service. I do not have cable/TV service. I have verified this fact with two Comcast representatives. However, my account as it appears online shows that I have cable/tv service. As per H.R. 3086 - 113th Congress (2013-2014), Permanent Internet Tax Freedom Act - Amends the Internet Tax Freedom Act to make permanent the ban on state and local taxation of Internet access and on multiple or discriminatory taxes on electronic commerce. Therefore, since the Comcast representatives verify that I have only Internet service, the tax and franchise fees on my bill are illegal. On numerous occasions I have requested that this error be addressed, and now I am resorting to this forum for some help before I file a complaint with my local utilities and other regulatory boards. My wish is not to create a problem for Comcast. I simply wish for my bill to be corrected and reflect only the legal charges associated with my account. Thus far, no Comcast representative has been able to address or correct this problem.
-
I am having a problem trying to download apps to my phone. I have correct apple ID and password. Any ideas what the problem is?
It really sounds like the account on your iPhone is different than the one on your computer but based upon your posts, that's probably not it. I suggest contacting iTunes support... http://www.apple.com/support/itunes/contact.html?form=account&topic=iTunes%20Sto re%20Account%20and%20Billing&subtopic=Managing%20your%20Account
-
i can't activate my iPad and I'm sure i am using the correct apple id and password but when i press net it says it cannot be used to unlock this
You can try to figure out which Apple ID/email address and/or password you used to activate it by going to http://iforgot.apple.com
If you can't, you'll need to contact Apple Account Security with your proof of purchase.
Maybe you are looking for
-
Hello All, I want to select all the rows in the table that is being shown in the Hgrid (not just in the page). Would this be possible. I saw some previous questions on the issue but could not get a clear answer. I see that when i click the next/prev
-
Hi! I need help! I put my sim card into a new iphone (3g) and then tried to put it back into the old one to get my contacts from it. Now the old iphone is locked and it's asking for a passcode, but I never set up a passcode on it. Has anyone experien
-
VL04 Issue -Open order Quantity Display
This issue is come in VL04 area. At first - user had changed customer master data in to - shipping partial delivery per item: B (Create only one delivery (Also with qty = 0) ) and Max partial deliveries : 1 settings are maintained, which are the sta
-
IPOD is not recognize by windows
XP will not recognize my iPod through firewire nor USB. I am able to charge my iPod perfectly fine and listen to music wonderfully but i'd like to transfer files again. What am I to do? Also I do not have any firewall on my PC.
-
Outgoing mail document that refuses to be sent but also refuses to be deleted.
I've got an outgoing mail message that refuses to be sent but also refuses to be deleted. It's really frustrating! I've tried pressing return and then quickly delete- quitting mail- restarting the computer- but the message keeps popping up. HELP!