Deffered Tax Transfer - Service Tax Advance payment

Hi,
I have created two Tax codes for service tax S1 and S2 for interim and final. While receiving the advance payment I am using the final service tax code S2 and while posting the invoice i am using the interim service tax code S1. I am clearing the advance against invoice using the T.code F-39. When I am running the derrered tax transfer S_AC0_52000644 the system is not picking this partly paid (adjusted the advance) invoice. Both the tax codes are having more than one tax rate like base rate, edu.cess and H. edu.cess. I also created another tax codes I1 and I2 with one tax rate for all base rate, edu.cess and H edu.cess and while doing the above transactions the system is picking the document.
Could you please let me know what is the reason the system is not picking the document in the first case.
Advance thanks for your help and Regards
Koteswara Rao Padarti

hi...
please dont use a deffered tax code for down payments...
Raghav

Similar Messages

Deffered Tax transfer - Down payment Clearing F-39

Hi,
I am using TAXINN procedure and configured deffered tax. I have created two sets of tax codes one set with multiple tax rate in tax codes and one set with only one tax rate in tax code.
Tax code I1 and I2 is created for interim service tax and final service tax with one tax rate in the tax code. The system is working as expected for this setting i.e. when I cleared the down payment against invoice it is updating the table DEFTAX_ITEM table with the advance paid document number.
Tax code S1 and S2 is created for interim service tax and final service tax with multiple tax rates in the tax codes. Here the system is not updating the table DEFTAX_ITEM with the advance paid document number when I cleared the advance against invoice using F-39 T.Code. because of this when we excute deffered tax transfer using S_AC0_52000644 the system is not considering this document. Could you please let me know what is missing is there any thing I have to activate to update the DEFTAX_ITEM table when we cleared the advance with the invoice when the invoice/advance is having a tax code with more than one tax rate in it.
Advance thanks for your help and regards
Koteswara rao Padarti

hi...
please dont use a deffered tax code for down payments...
Raghav

Service Tax on advance payment received

Hi friends,
Out client is collecting the service tax on advance payment received from the customers and depositing the same with the department. Could you please let me know how we can adjust automatically the same when he is raising the actual invoice against customer.
Regards
Koteswara Rao

Closed

Advance payment and down payment with two diffierent tax code

HI expert!!!
i have one scenario that advance payment and down payment with different tax code.
in this time, advance payement post to vendor with po number, we do not know how to use tax code V1(deductable tax) or VF(Non-deductable tax), so we post advance payement amount by tax code V1(deductable) even though the amount included both. but we must know how amount is defined deductable tax or non-deductable tax when invoice.
when we want to post down payment with VF , we could not post it because advance payement posted with V1 tax code.
this is main problem with my scenario.
and as i know, can i post two advance payement to same vendor and same po item?, i can't do it with my system.
only one advacne payment is possible with one vendor and one po item. or amount of advance payment is all cleared by down payment, then i can post another advance payment to same vendor. is it standard process with po?
thank you in advance!!

hi,
As per my knowledge their is no difference between advance payment and downpayment.
and tax code is used for taxes purpose not for the payment terms.
taxcode is created in ftxp.and related percentages are maintained in fv11.
ex:-
if i want excise duty - 10% on basic value
education cesse 2% on excise duty
sec.education cesses 1% on excise duty
then fitst i have to create 3 condition types and that 3 condition types are used in my taxprocedure and that taxprocedure is assigned to country code..
after that i am created one taxcode in ftxp like v1= exciseduty10%educatiocess2%sec.edu.cesses1% with this description.
and given the values for that conditions in fv11.
and used that v1 taxcode in your p.o in invoice tab.
and payment terms are came from vendor not from taxcode.
Thanking you.

Deffered Tax Transfer

HI,
I am Using RFUMSV25/50 this report for Deffered Tax Transfer from Interim account to Final Account. When run the batchinput session i got an error below.
Tax code M2 for country IN has been deleted or incorrectly changed
Message no. FS201
what to do
Regards
Venkat
Edited by: Madhava Venkat on Oct 10, 2008 4:07 PM

Hello
check with Tcode FTXP the mentioned tax code what happened with it?
Is it deleted or wrongly changed?
After fixing the error reason restart the report again.
BR Tarik

Deffered Tax Transfer (new)

Hi,
I am trying to post the deffered tax transfer (new) T.code S_AC0_52000644. The system is picing the tax codes only with one line item means if the tax code is having more than one % like seperate line for Base tax, Edu. Cess and H. Edu. cess etc, the system is not picking those tax codes. It is picking if you enter the tax in one line i.e total including edu. cess and H.edu cess. Could you please let me know what is the problem.
Regards
Koteswara Rao Padarti

another question raised on the same issue in detail

SAP CIN deffered tax of services

Hi all,
what is the procedure to post deffered tax of services.
plz suggest me....
sairavi

Dear SAi,
Please refer to SAP Note Number 779512 - Master Note for Service Tax and the related notes that are mentioned there.
Assign points if useful
regards
Venkatesh

Withholding Tax on payment using T.Code F-02

Hi all
I am trying to make an On Account payment to the Vendor using T.Code F-02. However, when I use the Posting Key 25, the system does not deduct the TDS on payment. Please lemme know if this is the standard system behaviour or am I going wrong somewhere?
Cheers
Hrishi

Hi,
When u making a advance payment to vendor the accounting entry is
Advance payment Dr
To: Vendor
You are using the posting key 25 which means vendor debit. it is not meant for down payment only for outgoing payment.
Against which kind of service you are making payment because all tax codes having minimum amount also. please see that once also.
In the vendor master record are choose liabile check box. Just run once RTWT0010
Hope this is clear, If yes assign points
Regards,
Sankar

Configuration of Deffered Tax Procedure, please help?

Hi Experts,
I am working on a project.
please help me to configure Deffered Tax procedure.
So far I have configured regular Tax codes & replica of the same as target tax code.
Please advice how to :
1. what special should i mention to in target tax code to declare it as a target tax code?
2. how do i link Normal & target tax code
3. which all sessions to run in SAP, so that a particular Tax is posted upon full / partial / downpayment payment.
looking forward to hear from you all, soonest.
Thank you all.

Hi
You have to make the following settings:
Process
·     A deferred tax code has to be created for the calculation and the posting of the service tax to the intermediate account.
·     Input tax or Output tax type has to be mentioned in the tax code
·     The target tax code (actual tax code for the availment of the service tax) has to be entered (FTXP)
·     The different rates have to be maintained under the respective tax types
·     For the account keys, the GL accounts have to be mentioned in the OB40 settings. In this case the same account has assigned for all the three account keys.
·     The GL account (40140) has to be open item managed and the tax category has to be in line with the tax type mentioned in the Tax code.

Configration of Deffered Tax

Hai,
How do we configured about the deferred Tax? Where we will show?
Thanks in advance, kindly helpmeout
RameshK
Moderator: Please, read and respect the rules of SDN

Hi ..
Your aware that in SAP terminology differed tax means service tax.
please refer service tax master note 779512, you can get the all related notes from this note
for configuration of service tax document refer- Note 778976 - Configuration for Service tax (MM and SD)
Also follow the link
Deffered Tax Configuration
Regards
vamsi

Configure Deffered Tax procedure, please help?

Hi Experts,
I am working on a project.
please help me to configure Deffered Tax procedure.
So far I have configured regular Tax codes & replica of the same as target tax code.
Please advice how to :
1. what special should i mention to in target tax code to declare it as a target tax code?
2. how do i link Normal & target tax code
3. which all sessions to run in SAP, so that a particular Tax is posted upon full / partial / downpayment payment.
looking forward to hear from you all, soonest.
Thank you all.

Hi
You have to make the following settings:
Process
·     A deferred tax code has to be created for the calculation and the posting of the service tax to the intermediate account.
·     Input tax or Output tax type has to be mentioned in the tax code
·     The target tax code (actual tax code for the availment of the service tax) has to be entered (FTXP)
·     The different rates have to be maintained under the respective tax types
·     For the account keys, the GL accounts have to be mentioned in the OB40 settings. In this case the same account has assigned for all the three account keys.
·     The GL account (40140) has to be open item managed and the tax category has to be in line with the tax type mentioned in the Tax code.

Deffered Tax Configuration

Hi,
I am doing the configuration for Maxico company.
Here taxes are recongnised on payment basis. So we need to configure the deffered tax setting here.
But in spro, i could not get following configuration node to configure these settings:
IMG>Financial Accounting>General Ledger Accounting>Business Transaction>Report>Sales/Purchase tax returns>Deferred Taxes
The client is using ECC6.
Wanted to know how i can activate these nodes & what precaucions we need to take for activating these settings.

Hello,
Go through the SAP best practices configuration documents for Mexican companies. You will find the solution.
You will find the SAP best configuration guides at the following link:
http://help.sap.com/bp_bblibrary/500/BBLibrary_start.htm
Regards,
Ravi

WH Tax - Down payment clearing against invoice

Dear Experts,
This is regarding the down payment clearing against invoice where WH tax is involved in Down payment as well as in Vendor Invoice. we also deduct Work Contract Tax Z1 on vendor invoice.
the process is as follows :
Step 1 - Down payment to Vendor through TC # F-48
Entry : Vendor A/c Dr 2200.00
To Bank 2178
To TDS 22.00 @ 1%
Step 2 - Vendor Invoice Booking through TC # FB60
Entry : Expenses Dr 4400.00
To Vendor 4180
To TDS 44.00 @ 1%
To WCT 176.00 @ 1%
Clearing down payment against the invoice posted using FB60.
Step 3 - Down payment Clearing through TC # F-54
Entry : Vendor Dr 1980.00
To Vendor 2200.00
To TDS 44.00
To WCT 176
But in this process, it clearing WCT tax code also which i dont want in this. And if i adjust amount and do not clear whole amount available amount then after simulating it showing difference coming and debit and credit amount of line items.
But if i dont include WCT tax code in whole process then its working fine no problem coming in it, but want it also to include in clearing process of down payment against invoice.
Best Regards
Arun Rai

Dear,
i am following the SAP standard process for deducting TDS on down payment and invoices.
First i deduct the TDS on down payment and Then again full TDS amount on invoice not adjusted it in WHT tab in base amount after adjusting Advance payment.
in next process f-54 i cleared the advance payment against invoice so it reverse the invoice TDS amount to adjust the tds as per advance payment TDS.
In img i confiured the WHT for payment posting as by selecting "Central inv. prop." option in Central invoice option.
Regards
Arun Rai

Deffered tax node not available in General Ledger Accounting

Hello,
I want to custumize deffered tax programme but the node
:General Ledger Accounting  Business Transactions  Report  Sales/Purchases Tax Returns  Deferred Taxes
is not availabe.
Please suggest what steps are needed to make it available.
ours is ECC 6.0.
Regards
Tushar

Hello,
You might check following path:
Financial Accounting (NOT NEW)
General Ledger Accounting
Business Transactions
    Closing
     Report
      Sales/Purchases Tax Returns
        Deferred taxes
Best regards

Deffered Tax Issue

Hello,
When I am running program RFUMSV50 at the time of creating Accounting Document system is not able picking amount posted in Interim Account, it is showing correct amount in Recoverable GL Account as Debit but when it is going to clear for Interim Account it is not picking any amount and giving me message "No batch input data for screen SAPMF05A 0300
Please assist me what could be the reason for this.
Br,Vivek

HI,
The issue is because of Tax Category.
Please check whether the target tax code,deffered tax code and the
respective g/l accounts has the same tax category.
The tax category for g/l accounts can either be < or > AND NOTHING
ELSE.
Regards
Madhu M

Deffered Tax Transfer - Service Tax Advance payment

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