Ex Rate diff A/c : Tax code
Dear All,
We are clearing the Customer open items using Transaction F-28.
There are automatically generated line items for the exchange rate difference, when we run F-28.
In the simulation mode, we want to correct this automatically generated line item by inputting a tax code here.
The system does not allow us to do this.......
Any probable ideas ?
Please suggest...
Srikanth....
Hi
Check the Field status and also consider entering a tax code in the exchange rate GL account in tax category
Thank You,
Similar Messages
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Tax code V1 for country IN has been deleted or incorrectly changed
Hi,
1) Tax code V1 for country IN has been deleted or incorrectly changed ?
For this issue i checked in FTXP THE TAX code is available at and also i checked at vk11 for combination it is available please reply this question as soon as possible
Thanks
2)You cannot post to asset in company code 1100 fiscal year 2012
For this how can i change fiscal yearhi
1) Tax code V1 for country IN has been deleted or incorrectly changed ?
For this issue i checked in FTXP THE TAX code is available at and also i checked at vk11 for combination it is available please reply this question as soon as possible
You can try to maintain rate in FTXP for Tax code V1 for Service tax condition only.
Thanks
2)You cannot post to asset in company code 1100 fiscal year 2012
For this how can i change fiscal year
check fi posting period: in view V_T001B
check aa posting period: OAAQ, if it is not 2011, execute AJRW - Fiscal Year Change -
Tax code A0 for country IN has been deleted or incorrectly changedu0092
HI SAP Gurus
We are facing the problem with Message FS201 i.e. Tax code A0 for country IN has been deleted or incorrectly changed.
Could anybody guide me ?
Rgds
Ashok Singh Sunhal
Edited by: Ashok Singh Sunhal on May 10, 2008 3:29 PMhi
1) Tax code V1 for country IN has been deleted or incorrectly changed ?
For this issue i checked in FTXP THE TAX code is available at and also i checked at vk11 for combination it is available please reply this question as soon as possible
You can try to maintain rate in FTXP for Tax code V1 for Service tax condition only.
Thanks
2)You cannot post to asset in company code 1100 fiscal year 2012
For this how can i change fiscal year
check fi posting period: in view V_T001B
check aa posting period: OAAQ, if it is not 2011, execute AJRW - Fiscal Year Change -
Tax code default frpm PO to MIRO
Hi Expert,
The tax code (for e.g 00) for import is not defaulting from PO to MIRO. I have to input the tax code manually. I can't set the default tax code "00" in customization as it is at company code level. Is there anything at document type level?
ChakrapaniHi,
Tax code can not be directly links with document type(for exa-RE) level.
During invoice (MIRO) tax code will flow from PO to Invoice, you need remove default tax code in MIRO header if any tax code set for default entry in MIRO & keep it BLANK and just select check box u201Ccalculate taxu201D .Now system will calculate all tax rate as you have tax code in items & then do all necessary steps and post MIRO document.
Regards,
Biju K -
Tax code update in Accounting document
Hi All
I have a situation like this, During MIGO, tax code say V1 is given in Header and also at Line item and also in the PO.
Now Accounting document generated like this.. say
Vendor -XYZ Credit 100 -- Tax code ** (Star Star / Asterix)
GR/IR Debit 90 Tax code V1
Price diff Debit 10 Tax code V1.
Why tax code against Vendor is updated as * * Instead of V1 mentioned during MIGO. (In BSEG also it is updated as ** against vendor)
I checked few other vendors where tax code is updated as V1 for the same above said scenario.
Thanks
AravindAlex, i cleary mentioned Only ONE Item.
One PO
One Vendor (Credit)
One Material ( Debit)
Same Tax code @ Header and also in the Item.
Debit - GR/IR - 10 Tax code - V1
Credit - Vendor - 11 tax code - **
Debit - Price diff - 1 Tax code ** -
Tax code determination in billing documents
Hi,
In the intercompany billing document, system has picked tax condition type(MWAS) value as 19 percentage with condition records.
We have not maintained any condition records for that tax condition type. We have maintained that vale only in tax code settings under one country.
How system is picking that tax vale in to billing documents with reference to condition type.
Regards
LakshmikanthTax rates are maintained in tax codes via transaction code FTXP. All tax condition elements are maintained via OBYZ (OBQ1 for tax condition type, OBQ2 for access sequence, and OBQ3 for tax procedure). And each country is asssigned a tax procedure via OBBG. In your case, MWAS must exist in OBQ1 and the corresponding tax procedure, the rate of MWAS must have been entered in the tax code of output tax type. The SD condition types with condition category D and with the account key for tax (such as MWS) in the SD pricing procedure are used to determine the tax code during document processing.
To find out how this tax code is captured, on the condition tab in the billing document, click on the Analysis and locate the SD condition type(s) for output tax, identify which record is read. Then on VK13, enter this condition type and specify other selections, the condition records for tax code determination appear. -
Duties are not calculating for new tax code
hello all,
I have some tax codes through which i am able to calculate the BED and so on. now BED rate has been changed so have created new tax code, but with that code BED is not calculating only SHEC is calculating.
What could be the reason for this pls explain me.
Thanks
MuraliHi,
Please check whether you have maintained the Tax % Rates of the new Tax Code in the particular condition records.
With Regards
Sagar -
Tax Percentage NOT Refresh for MWST Condition when Tax Code Change
Hi All,
I have maintained MWST condition on Purchase Order with a default value P1 (10%).
During data entry, when I attempted to overwrite the tax code to P0 (0%), under Condition tab the tax percentage still showing 10% instead of refresh the rate according to the tax code.
Is this a config error or system behaviour? Are there any SAP Note that I can apply to fix the problem?
Applied SAP Note 655335 - ME22 ME22n tax at service level - Doesn't seem to fix the problem.
Regards,
SarahHi
I think this may useful to U
Condition Type for Adding VAT
Definition
A condition type that you use to show the VAT amount in the pricing procedure in purchase orders.
Use
Customizing
Create a new condition type, ZWST, in Customizing for Materials Management (MM), by choosing Purchasing ® Conditions ® Define Price Determination Process ® Define Condition Types ® Define Condition Type.
To do so, copy condition type MWST and make the following settings:
Description: VAT Amount
Condition Class: D (Tax)
Calculation Type: A (Percentage)
Condition Category: D (Tax)
In the Changes Which Can Be Made group box, select the following checkboxes:
Item Condition
Delete
Amount/Percent
Value
Add the new condition type to the pricing procedure (in the standard system, RM0000), in Customizing for MM, by choosing Purchasing ® Conditions ® Define Price Determination Process ® Define Calculation Schema.
Create a new entry in the pricing procedure as follows:
Step: 36
Cntr (Counter): 0
CTyp (Condition Type): ZWST
Man. (Manual Entry): Select this indicator.
P (Print): S (printed in totals block)
Reqt.: 10
AltCty. (Condition Formula): 16 -
Hi Guys,
How to find the tax rate associated with the tax code (BSEG-MWSKZ)?
Thanks,
Naga BokkisamI did That.... the value table for this is T007A. But i don't see any rate associated with the particular tax code.
For example we have tax codes A0, A3 A5. user will input either of them on the selection screen and i need to pull the tax rate associated with that..
Hope i am clear..
Thanks,
Naga Bokkisam -
Hi,
1 I have the below list of tax category to choose from in FS00. May I know why only A0 and V0 exist in FTXP?
- Only input tax allowed
+ Only output tax allowed
All tax types allowed
< Input Tax Account
> Output Tax Account
A0 Output Tax - 0 %
V0 Input Tax - 0 %
2 what is procedure in FTXP?
Thanks
RgdsHi,
A0 and V0 are two Zero tax % codes means they dont have any Tax rate (0%) . These Tax codes are codes for certain GL accounts where Tax category is preesent but if the transaction is not attracting any tax but if the tax field is required then these two tax codes will be used based on the business transaction (input or output).
In FTXP you will define tax codes with the tax rate and GL account to which VAT will be posted.
Regards
Srikanth
Edited by: boddupalli srikanth on Sep 15, 2009 6:44 PM -
Maintain condtions based on tax code
hi.,
what means by Maintain condtions based on tax code?
i want maintain the sales tax condition record for TAXINN.
how will make the this condition record for TAXINN?
Regards.,
lakshmanan.SIt is the Tax Procedure which is condition based or formula based. In Indian scenario, Tax Procedure TAXINN is condition Based & TAXINJ is formula based.
For Tax Condition, Tax code is required. For condition based Tax procedure TAXINN, we maintain Tax Code in the condition record, which is maintained in T.Code VK11 / VK12. If we maintain the condition record without Tax Code, it will process the scenario upto Billing, but will not release Billing Document to Accounting. In TAXINN, we can see only MM condition Type & it is not possible to maintain any rate / % in Tax Code in TAXINN.
In TAXINJ, the formula is maintained in Tax Code. The rate / are maintained in TaX Code.
How is Tax Code created?
To create a Tax Code, first we select country, maintain the Tax Code & maintain Tax Type as 'A' for output tax & 'V' for input tax. T,Code: FTXP
Regards,
Rajesh Banka
Reward points if helpful. -
Questioning the process to update tax code "rates"
I am not clear on what the process should be for updating the tax code rates. I would like to know how other entities perform this re-occurring process. My questions are... must the rate updates be transported/imported or entered directly using FTXP? Who in the organization is/should be responsible for updates? Aren't the rates considered master data? How often are the rates updated? If a transport is required, shouldn't the person entering the updates differ from the person doing the import into a client?
must the rate updates be transported/imported or entered directly using FTXP?
Yes you can enter manually also.
Who in the organization is/should be responsible for updates?
Anybody in Finance who is taking care of taxes
Aren't the rates considered master data?
Yes
How often are the rates updated?
There is no fixed thumb rule for this. As and when a new requirement (different tax structure) comes, and if the same is not available in the existing tax codes, it has to be created.
thanks
G. Lakshmipathi -
Two different tax rates in same tax code
hi,
I have a client requirement as follows. A tax code is created for 12.5% cenvat. This tax code is used by one company. Now the same tax code will be used by second company but in some of their transactions they want 5% cenvat and balance 7.5% to be transferred to inventory.
Can such a config be done with same tax code with condition types or something? PLZ help in this issue. FYI the client does not wants a separate tax code to be created as volume of transactions with 5% tax rate is very less.
thanks and reagdrs
Tanuja NAik
FICO consultantUnfortunately, same tax code can't be used with different rates. In your situation, it's inevitable to create another tax code.
-
List of tax code with tax rate
I need a list that give the tax code with the tax rate.
I can view this in SAP or witch table i look this.
Moderator: please do not log issues twice and crosspost into different (and wrong) forums. Thread relocated to ERP Financials and locked.hi
>i wanna see the list of the tax code defined for the Service PO in its "invoice" tab.like for service tax we have three tax :
check T code FTXP
> tax code displayed to which the calculations are applied
check t code OBYZ
regards
kunal -
Tax code with more than one tax rate
Hi,
I am using TAXINN procedure and I created on tax codes with more than one rate. i.e. for service tax I created a tax code S1 with 3 rates as follows
Acc. Key Tax % condition type
VS9 12 JSE4
VS0 2 JES4
VSS 1 JHS4
When I am trying to post a document with the above tax code the system is giving the following error message
Tax code S1 may only contain one assignment line
Message no. FF731
Diagnosis
For direct postings to tax accounts, only tax codes containing exactly one tax line may be used. Tax codes with several rates or a nondeductible portion are not allowed here.
Procedure
Use a different tax code.
For direct postings to a tax account, you might have to define a separate tax code for which only one line with a percentage rate other than zero is active in percentage rate maintenance. All other lines must be inactive.
To do this, choose Maintain entries (F5).
Could you please let me know how to rectify this problem? I want to post 3 line items for each of base rate, Edu. Cess and Higher Edu.cess.
Advance thanks for your help and
Regards
Koteswara Rao PadartiThe problem is in the master data of the revenue account. the tax category should not be > and it should be *
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