G?L Accounts for Taxes

Dear SAP Experts,
We can do the tax postings from the FI Accounting Under Taxes on Sales /Purchases. through account keys and the Tax codes.
Please tell me now from the SD side Pricing :
Do we agin need to define the account keys for the Tax posting as it is already done in the FI.
Plez Explain.
regards,
A S

Dear AS,
VKOA is basically used to determine Revenue A/Cs types, such as Revenue, Sales Deductions, Frieght etc.; based upon Condition Types - KOFI & KOFK (To know more about KOFI, KOFK, either search forum or I'll provide links to my posts in some of the threads).
VKOA settings are also used to determine Provisional A/Cs like, Accruals or Rebate etc..
You define G/L accounts for MM integration at T Code: OBYC, and for SD T Code: VKOA. When you post purchase order the is no posting to FI, when you post invoice or goods receipt then there is affect in FI. Where as in SD when you post sales order no entry to FI; when you post sales invoice for post goods issue then there is affect in FI. For this, 2 MM and SD transactions to post to fi you have to give accounts at T code OBYC and VKOA.
This is basically the The Accounts Receivable (FI-AR) module, which is closely integrated, for above explaination.
Best Regards,
Amit
Note: Reference:
[Integration - FICO with other Modules|http://www.sap-img.com/financial/integration-of-fico-with-other-modules.htm]
[Account Determination|http://help.sap.com/saphelp_470/helpdata/en/2d/bdd69dd9b411d199d80000e8a5bd28/content.htm]

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I am facing a problem in determing a G/L Account for my taxes on sales/purchase of goods.
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thanking you.
Siddharth.

Hi
You can create GL accounts Via FS00,when creating GL accounts via FS00 you create it with reference to your chart of accounts so you need not assign a GL to your chart of accounts.
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I have to Define Accounts for Tax Clearing but I don't understand business that use this account
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Hi,
I would like to explain it with an examble (it is in India),
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Subbaiah,
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It i s possible to assign G/L accounts in FTXP and OB40. Is it possible to block this option in FTXP?
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Hi,
You are right, the best way to change an GL account regarding tax code is using OB40 transaction.
Your basis team will be able to block the changes about GL account in FTXP transaction.
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I am trying to post an incoming invoice thru transaction ETRANSF. I get 2 errors which are
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Check whether the company code is assigned to the correct country and whether the correct tax calculation procedure has been entered for the company code country.
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Hi,
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for your second message you have to check:
Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Tax on Sales/Purchases -> Calculation -> Define Tax Codes for Sales and Purchases
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Best regards,
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GL accounts for Tax codes

Hi,
I was serching for report which has missing GL accounts for the Tax codes. T.code OB40
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Hi All,
Thanks for your quick reply.
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Experts,
I am trying to change the tax accounts for some tax codes - I went to T Code FTXP and clicked on Tax Accounts, but i don't see a way to amend them.
Can somebody guide me as to how i can change them.
All answers would be duly rewarded with points.
Thanks,
Nandita

You can go through following to get to tax codes and maintain them
SPro- Financial Accounting- financial accounting global settings-Tax on sales and purchases-postings-define tax accounts.
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assign points if helpful

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Hi
In OB40 what accounts should be assigned to the following standard transactions-
ESA
ESE
JI5
JI6
JN6
JN7
JP5
JP7
VS1
VS2
VS3
VS8
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Will assign full points. Thanks

Hi
In OB40 what accounts should be assigned to the following standard transactions-
Kindly assign the follwing accounts
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ESE - SERVICE TAX DEBIT
JI5
JI6
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JN7 -A/R CST Payable-VAT
JP5 - A/P VAT Raw Material Deductible
JP7 - A/P VAT Capital Goods Deductible
VS1 - A/P Excise duty for Setoff
VS2 - A/P Additional Excise Duty for Setoff
VS3 - A/P Special Excise Duty for Setoff
VS8 - A/P Service Tax Set Off
VS9 - A/P ECESS ST SETOFF
ZSE - A/P SECESS ST SETOFF
ZSS - A/R SECess Service Tax
Thanks & Regards
Mahesh

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Hi all,
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I have already defined one G/L account for the Output tax (MWS) and now I want to define one more G/L account. But, It is not having any option to do so.
Please help me. <b>I will award points</b>.
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SONY

hi sony,
you may just copy one itself and name it differently.
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G/L account for CIN..?

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Can any body explain me about the G/L account for CIN .
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For eg, RG23A AED,BED..etc
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hi ,
cin useing g/ls
Create G/L Accounts for Taxes.
 Easy Accessu2192Accountingu2192Financial Accountingu2192General Ledgeru2192Master Recordsu2192G/L Accountsu2192Individual processingu2192Centrally (FS00).
1. G/L Account Nou2014280000
Company codeu20141234
Type Description
Account Group---Current Assets.
u221A Balance Sheet account.
Description
Short Text -
Cenvat A/c
G/L Acct long Text -- Cenvat A/c
Control Data
Account currency -
INR
u221A Only Balances in local currency.
u221A Open item management.
u221A Line item display
Sort Key -
001.
Create/bank/interest
Field status group -
G001.
Then click on SAVE.
¤¤¤¤¤¤ WE HAVE TO CREATE TOTAL 10 G/L Accounts Only change the DESCRIPTION. ¤¤¤¤¤¤
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3. CENVAT ON HOLD A/c.
4. CENVAT OFFSETTING A/c.
5. CENVAT RG 23A A/c.
6. CENVAT RG 23C A/c.
7. CENVAT PROFIT AND LOSS A/c.
8. CENVAT PROFIT AND LOSS ON HOLDA/c.
9. CENVAT SUSPENCE A/c.
10. CENVAT REVERSAL A/c.
these are cin matain g/ls
regards,
janakiram

Creating a tax code in FTXP I can't fill in an account for NVV

Creating a tax code in FTXP,
for my tax code I've filled in a Tax Percent. Rate for Transaction Key NVV but SAP doesn't allow me to fill in an account for this
Transaction Key in the tab tax accounts.
What cuold it depend on?
Thanks

Hi,
Well NVV account key in sap standard is a non deductible key and it would not be display in OB40 for account assignment.
If you see NVV properties in OBCN it will display check box ticked for not deductible and posting indicat. 3.But if you want to use it for tax posting untick that check box and change posting indicator to 2.
Then it will show that key NVV in OB40 and let you assign gl for this key.
Regards
Arun

No tax item exists for tax code O0 in a G/L account item.

while posting the credit memo for sales return accounting document is not created. its shows the error as No tax item exists for tax code O0 in a G/L account item.
plz help me in solving the issue

Dear Venkatesh,
1.First check that material wether that is relevent for taxes or not.
Check wether Tax indicator set or not in the material master Sales org data1 or 2
2.Check condition record exists for that material or not
3.Then check the Tax code and G/L account assignment in the transaction FTXP
I hope it will help you,
Regards
Murali.
Edited by: Murali Mohan.T on Feb 13, 2008 10:42 AM

Error account (GL a/c NO:) has been set as not relevent for tax

Hi,
While posting MIRO throughing error message " Error account (GL a/c NO:) has been set as not relevent for tax "
Kindly guide how to resolve the issue
Thanks & Regards
Lakshmi Kanth Reddy

Hi Reddy,
System throws up the message because the GL account you have entered has not made Tax relevant in the Control tab. 2 things I would like to point out -
a) Should you need the tax code for the particular GL account, then change the GL account master and make it relevant for tax.
b) If the tax code is not needed, then delete from the MIRO transaction and then post the document.
Important point - Mostly for all the MIRO transactions, tax code is made relevant for tax in the GL master.
Hope this helps.
Vikas.

G?L Accounts for Taxes

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