FB60 Tax Issues
Hi-
I am having an issue with FB60 when I have multiple taxable lines and the correct tax amount is outside of the tolerance. It will only assess the first line of the invoice and when you try to correct it the amount entered is allocated across all of the lines, making it impossible to correct.
Is there a way to have all lines be assessed simultaneously to know correct tax total?
Thanks,
Bryan
HI ,
can you please check the YOu have assigned the GL code tax code S6 . Please check in below screen . Go to FTXP and ebter you country and reporting country .
Enter your tax code .press enter and now choose and please check whether there is any gL code is assigned.
Please also check in FBKP in automatic posting for tax on sales and Purchases that you have assgnied GL code for MR1 MR 2 and MR 3.
One more thinG please check you key defination as well In OBCN you have define with Posting indicator for MR1 and MR2 and MR3
as per below Screen shot .
Similar Messages
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Tax issue in US - very urgent. !!
Dear All,
Someone from SAP told me that :
"In US localisation the tax is depending
only on the delivery and good receipt location.The tax code will apply for all the item depending on the Business partner ship to address in case of a delivery and on the location of warehouse in case of goods
receipt"
However, when i ask the end user from US, he told me that in one invoice, there are items which have GST, while other items on that invoice have PST + GST. Under this situation, the tax setting cannot be "generic" based on the ship-to-address. So, could anyone share with me:
1, How to deal with this tax issue on one invoice?
2, what's the general practice in US in the tax area?
Million thanksHave a look at this thread:
/thread/117232 [original link is broken] -
BC Major Tax Issue - Retail, Wholesale, Manual orders
Hello,
I'm hoping someone might be able to shed some light on a tax issue with BC as I'm really loosing faith with Business Catalyst over this issue!!!
We sell retail, wholesale and do manual orders.
We sell retail where the price needs to be including tax.
We sell Wholesale where the price needs to be excluding tax.
As there is no tag that will show retail price including tax and wholesale price excluding tax we were told to use {tag_totalprice} on the products page to show pricing.
To get our website to work we were told to install {tag_shippingoptions,true,,} on the shopping cart.
We were told to have tax on retail products as GST
We were then told to make tax Not applicable on wholesale products so that the tax wouldn't be included in the price but assigned with the {tag_shippingoptions,true,,} on the shopping cart.
This was all working fine until a wholesale customer rang to change their order and do another order.
if you change a manual wholesale order then it REMOVES the tax!
if a wholesale customer rings up to do an order and we can't see their password - we need to do it as a manual order as we can't login as them. Hence again no tax.
Really dissapointed in BC over this - does anyone have any solutions?
Would love any help -
Calculation of Tax Issue from FB60 (Tax Code Issue)
Dear All,
Normally when we purchase or received any services we post following entry.
INVOICE VALUE IS 1000
Purchase Ac Dr 1000
To Vendor 900
T o Tax 100
But our requirement is that
Purchase Ac Dr 1100
To Vendor 1000
T o Tax 100
System should add cost of TAX in purchase instead of reduction form vendor balance as we have to give 1000 RS to vendor.
Can we create TAX code in this manner.
This is not even possible form function available in Edit Option in FB60 (Calculate tax on Net Amount)
Not even from TDS (Withholding tax)
WE CANu2019T SUGGEST POSTING JV IN THAT CASE.
Regards,
BittuApologized for that Atif.
Withholding Tax Type does not control Vendor line item.
My issue is that system should not reduce value enter in vendor amount field.
System usually reduce amount which is payable to vendor
Please see my example once again. I also mention that it is not working from Withholding Tax nor form Tax code(FTXP)
Edit option in FB60 is also not useful in this case.
Regards, -
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.
JayDear 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 -
Income tax issue for mid month joinees
Issue 2:
For New (mid month) joinee at the first month gross salary is calculated based on the earned salary amount *12 months (or no. of remaining months for financial yr end), but in my client income tax deducted based on the actual salary (not earned salary) from the first month onwards.
For example :
Employee X,
Joined date 15.08.2011,
Actual salary = 1,00,000 INR. Earned salary for 15 days = 50,000 INR.
While Start Payroll for the period 5th (August) 2011. The WT /416 Gross salary = 4,00,000 (50000*8). Based on this gross salary income tax calculated, But I want to calculated the gross at first month (august 2011) based on follows,
Gross salary : August month earned salary = 50,000 + Actual salary per month =1,00,000*7 =7,00,000.
Gross salary = 7,50,000 INR.
Please give me some solution
Thanks and regards
Mohan .VHi Param Dayal,
New issues rise Now....
For New (mid month) joinee at the first month Exemption U/S 10 is calculated based on the Conveyance Allowance amount *12 months (or no. of remaining months for financial yr end), but in my client income tax Exemption U/S 10 based on the actual salary (not earned salary) from the first month onwards.
For example :
Employee X,
Joined date 15.08.2011,
Conveyance Allowance = 800 INR. Earned Conveyance Allowance for 15 days = 400 INR.
While Start Payroll for the period 5th (August) 2011. The WT /130 Exemption U/S 10 = 3,200 (400*8). Based on this Conveyance Allowance The Exemption U/S 10 calculated, But I want to calculated the Exemption U/S 10 at first month (august 2011) based on follows,
August month earned Conveyance Allowance = 400 INR + Actual Conveyance Allowance per month =800*7 =5,600.
Exemption U/S 10 = 6,000 INR.
Please give me some solution
Thanks and regards
Mohan .V
Edited by: mohantamilan on Sep 26, 2011 2:52 PM -
/616 WT & Income tax issue
Dear all,
I face a serious problem: some PFs have income tax = 0 (their salary is taxable) while others are double.
I checked PC_PAYRESULT and saw that error come from WT /616:
At period 01.2011, in section 89, some wage types are calculated wrong
In-Year for Payroll --- --- --- --- For-Year for Payroll --- --- --- - Wage type- --- --- -- Amount
2011--- --- --- --- --- --- --- --- --- - 2010- --- --- -- -
--- --- --- - /6I2- --- --- --- --- 29,377.00-
2011--- --- --- --- --- --- --- --- --- - 2010- --- --- --- --- --- --- --- - /616- --- --- --- --- 365,713.00-
2011--- --- --- --- --- --- --- --- --- - 2010- --- --- --- --- --- --- --- - /650- --- --- --- --- 5,973.00-
I don't know why they come with a huge amount like this , but it causes wrong taxes and many problems for payroll in year 2011.
I checked many topics, but still can't resolve.
Add. gross salary in RT Table.
/616 Add gross salary Issue
Please help.
1. Why were these WT calculated with a huge Rs?
2. How can I fix this (Payroll already has ran for 5 months ago)Hi,
the error is in which system.(PRD/QLY)
according to the first thread you have gone through check the control record dates and change it to 2010 xx period and try once.
if it is not giving any error then you can easily capture the solution why is it calculating so .
change the control record dates to 2010 and try..
or check the IT-0008 records are there any salary changes in past(salary Increased)
we have model wage types
M89G--/616
M89I--/6I2
M89T--/650 copy using this model wage types and balance the amount by giving in IT-0015 (deduction amount) and try...
hope this helps you
let us know the result...
Regards,
mohammed -
Professional Tax issue for Maharastra Employees in case of Separation
Please provide your inputs on below Professional Tax requirements.
An employee separated on the month of Feb 2014.His total gorss earnings is includes claim.
Basic | 39,833.34
Allow (Flexi) | 400.00
Superannuation Allow | 5,975.00
Claim | 201,666.00
Balance Flexi Pay | 75,016.67
The employee also having some Negative arrears in the same month (FEB 2014) as Lop data is maintained for the month of Dec.2013, Jan 2013.
And below is arrear amount.
Basic Arrears 39,833.33-
Allow (Flexi) Arr 400.00-
Superannuation Allow Arr | 5,975.00-
Balance Flexi Pay Arrear | 75,016.67-
However system is now generating Professional Tax while running payroll for Feb 2014 & my client is telling that Professional Tax should not be deducted as Gross salary is 0 for Feb 2014. The employee below belongs to Maharashtra P tax circle.
Please let me know what should we do in such case..
Reagrds,
SAP HCM ProfessionalProfessional Tax is not based on Earnings
Professional Tax will deduct every month No matter , An employee salary is Zero
Check backend Configuration There is deduction Carry Farward Change the configuration You would able to resolve your issue. -
Dear Guru,
I have run the payroll of April 08 with old income tax slab Now,
Before running the May 08 payroll if I apply the new income tax slab and all budget changes 2008-2009 then, will the system calculate the taxes according to the new budget changes?
Will the income tax be calculated from the month of April 08 or May onwards ?
Please Advised
Regards
MHPODear Santosh thanks,
But what about the old slab April 08 income tax deduction amount is adjused to may 08 to mar 09??
1 I have run the payroll of april 08 with old income tax
2 Then we update new budget changes may 08 month
3 Then we run the may08 payroll
my question is, the income tax be calculated from the month of April 08 or May onwards ?
if the system is calculated income tax from april 08 so what about the old slab April 08 income tax deduction amount is adjused to may 08 to mar 09??
very serious issue
Please Advised
MHPO -
Hey All,
Am using Vertex system to calculate taxes. I have billed a customer and let's say taxes are 250$. when i return that item by creating a return order against billing(with reference) using VA01, the taxes charged to customer are applied when we create a return order.
The issue here is when i am creating a return order using bapi BAPI_CUSTOMERRETURN_CREATE, basically i need to pass all the values reading from billing document. I thought Billing pricing date would take care in return tax redertermination but it's not.
Does any one know what is the field which determines to recalculate taxes on return order compared to Billing?
Thanks in Advance.
Edited by: Priya_S09 on Nov 4, 2011 11:05 PMYou may consider Service Rendered Date
G. Lakshmipathi -
I have a issue with the tax condition value being different at billing document level and order level. There is a difference of 1-2 cents observed for eg if one of the tax say XR2 is $5.13 at order level , at billing level it is $ 5.12 . ( no rounding issue since tax % is 1).
Taxware is used for tax calculation and interacts with SAP.
Amit.not proper solution provided.
-
Tax Issue - Partial Invoice needs to be Taxed
I am having a issue where currently 100% of the invoice is taxed based on the jurisdiction code u2013 we only want to tax 20% of the invoice to be Taxed. See examples below;
Currently today;
Gross Invoice u2013 $1000.00
Tax rate(based on jurisdiction code) 6%=$60.00 ($1000*6%)
<b>Requirement:</b>
Gross Invoice- $1000.00
20% of Invoice is taxed $ 200.00
Tax rate(based on Norcross jurisdiction code)6%= $12.00 ($200*6%)
Any Suggestion will be helpful. Thanks in Advance.Hi,
Create one more condition type for Norcross in your tax procedure and assign calculation base as the other condition type (with 20%) to this newly created condition.
now create a new tax code specifying 20% for same as previous condition and 6% for new condition type.
Regards,
Sayujya -
Tax issue in third party order related intercompany billing
Hi,
I have one isseu related to tax determination in third party order related billing document.
Ordering sales organization : Germany
Delivering sales organization: France
In billing document the Delivering country: FR (France)
Receiving Country: DE (Germany)
The tax condtion type: MWAS, Application of that condition type: TX.
Sytem is picking the A1 tax code from country FR and through tax procedure TAXEUR.
But the actually client requirement is system should pick upt he tax code from country DE (Germany). I.e., system need to pick up from receiving country.
I tried through SD tax condition records, it is not working.
I maintained the tax rate through VK11, like
Departure country (FR) - Destination country (DE) - Cust.taxclassi - material tax classi - Tax code (XT), the XT is belongs to France, When i maintained this system is not picking the tax amount from FTXP.
Please let me to come out from this issue.
Regards
LakshmikanthThanks to all
-
HI All,
I have an issue regarding WHT. I have posted Advance Payment(F-48)
Contractors A/c Dr 1,00,000
TO Bank A/c 98000
TO TDS A/c 2000
and posted an Invoice(F-43)
Service Charges A/c Dr 1,00,000
TO Contractors A/c 98,000
TO TDS A/c 2,000
and I transferred Down Payment to Normal item (F-54). Now, Vendor Account has 2 line items KR Document 98,000, KA Document 1,00,000.
This difference 2000 is TDS deducted during Advance Payment.
Pls advice me how to clear this 2000 from Vendor Account.
Thanks & Regards,Good Morning All,
Vivek I tried the same as you suggested. Below are the entries generated.
F-48 Down Payment
29A Contractor 10,000
50 Bank A/c 9,800
50 TDS Payable 200
Invoice FB60
40 Expenses A/c 1,00,000
31 Contractor 98,200
50 TDS Payable 1,800
F-54 Transferred Spl GL to Normal GL
39A Contractor 10,000
26 Contractor 10,000
If we see the Vendor Balance, We have KR document - 98,200, KA document 10,000 (Net - 88,200).
After deducting TDS 2000, Down Payment 10,000, We should pay remaining 88,000.
Pls advice me why Vendor has excess of Rs 200
Thanks,
Niranjan -
F_53 Withholding tax Issue(not india)
Hi,
While processing the payment through t-code f-53, isystem is not calculating tax according to tax code assigned i-e XX. It should deduct tax Rs. 406 but deducting Rs. 6015. This is the only error I have found while processing the payment of the vendors.
and what is mean by per year,starting with mnth in withholding type config in accumulation type tab?
Regards
VenkiHI ALL,
Please look Issue detail below,(its not Indian TDS)
PO gross value is 11600(as per WHT settings its cal gross value)
MOGO and MIRO have done correctly, when at the time of payment entry is:
Invoice gross value= 11500
WHT code per =3.5%
Vendor a/c A/c Dr 11600
To bank a/c 11194
To Tds 406
its not coming above values. its has given wrong value:
Vendor a/c 11500
TO bank a/c 5485
TO TDS a/c 6015
Please help this
Regards,
Venkat
Edited by: KVenki on Dec 8, 2011 9:26 AM
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