How SAP do tax filing for USA IRS
Does anyone know how to SAP integrate with US IRS for tax filing?
Thanks
SAP can calculate sales and use tax and payroll tax by tax procedures or third party tools. You then would set up an EDI process to remit payment. For state and Federal tax returns this is done by third party tools.
psl assign points if helpful as a way to say thanks.
Similar Messages
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How to populate tax area for IT 207? what is the common practice?
Gurus,
How to populate tax area for IT 207? what is the common practice?
The residential address IT 0006 is a new your address with ZIP code 10001
PA30 for IT 207 displays 4 tax areas for the new york address.
FED Federal 0000-0001 99999-9999
NY State of New York 14999-9999
NY01 New York City 14999-9999
NY02 Yonkers 14999-9999
I thought, each zip code will map to only one tax area.
Thanks,This is the real world ! SAP does not design tax area based on zip codes. In our company, the tax lady calls the tax authorities to check what zip codes fall under that tax authorities.
and BTW, with new BSI upgrade, you will find 12 more tax authorities for NY.
Cheers !!!!
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Do you know how to import Tax Registrations for Supplier Hub
Hi,
Does anyone know how to import Tax Registrations for Supplier Hub? Which API/Interface can do that? The Oracle table is zx_registrations. We need to import Supplier information, include Tax Detail information.
Anyone can help on this?
Best Regards,
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If the lrcat file(s) really is/are gone then yes I'm afraid your edits probably are lost. As you have surmised, the way LR works is to store a database of all the changes you have made to your raw files. If you don't also save these changes to xmp side-cars and you lose the catalog then Lightroom cannot tell what edits you've done to your files.
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How SAP do tax filling ?
Does anyone know how to SAP integrate with US IRS for tax filing?
ThanksSAP can calculate sales and use tax and payroll tax by tax procedures or third party tools. You then would set up an EDI process to remit payment. For state and Federal tax returns this is done by third party tools.
psl assign points if helpful as a way to say thanks. -
Withholding Tax report for USA 1099 MISC
Hi!
I have configured extended with holding tax as per sap note to generate 1099MISC report for USA.
Actually all with holding tax types have been defined for while payment posting, but system is deducting with holding tax the time of invoice posting itself.
as far as I knew we have to untick liable field in vendor master , while posting invoice and activate again while posting payment, but it is cumbersome process.
My client is expecting with holding tax to be deducted only at the time of payment posting.
I have checked with holding tax types while posting invoice, nothing is there , view V_T059PI is blank.
still system is trying to post with holding tax at the time of invoice only.
Is there any other configuration to restrict with holding tax posting while doing invoice?
regs,
rameshHi Ramesh,
please, review SAP Consulting Note 363650 - Withholding Tax Configuration for 1099MISC - this note might help you to solve the issue.
Best Regards,
Mateus Grings -
Extended Withholding Tax Configuration for USA
Hi Friends,
Any one of you upgraded from Classic to Extended Withholding Tax for USA?
Could you give me a head start or if possible send me configuration docs. We are currently in ECC 6.0.
Also how do you configure withholding tax for Foreign Vendors (like Canada or UK)?
Appreciate it!
Ravi.Hello Ajay/Surendra,
Could you please forward me the Configuration steps to configure extended withholding tax for country code: USA/ Canada to my email: [email protected]
Thank You
Joana -
hi all,
i need the configuration involved for tax determination configuration USA.
highly appreciate any help in this regard.
thanks, vikrantDear vikrant
check the links
[Configuring Tax Codes|http://help.sap.com/saphelp_46c/helpdata/en/4c/e13438b55ced0ce10000009b38f8cf/frameset.htm]
[Maintaining SD Condition Records|http://help.sap.com/saphelp_46c/helpdata/en/af/3f89d79e6711d395da00a0c929f4c9/frameset.htm]
[Sales tax in USA|http://help.sap.com/saphelp_46c/helpdata/en/35/b0e68b87a62488e10000009b38f9b7/frameset.htm]
thanks
G. Lakshmipathi -
How to print taxes & condn for given PO
hi friends.
how to print all taxes & condition for given purchase order number in in MM-MODULE, iam from mumbai . i anybody got any program plz email me or mail ur cell no. thanks in advance.
regards,
mahesh
9321043028Hi
Take the EKKO (po Header) KNUMV field and pass it to KONV-KNUMV and get the condition type based amounts (KWERT) from table KONV
Or search for the Condition tables in which the tax related COnditions are maintained for that Tax COde (like A003 or some other A* table) and take the KNUMH field from it and pass it to the table KONP and take the condition type based all tax amounts from KONP tables.
Reward points if useful
Regards
Anji -
SAP Treasury Management-How to Config Tax codes for Business Partner
Hi SAP Gurus,
Please suggest me how to configure specific Tax Code and Tax relevant data for Business Partner in SAP Treasury Management while posting transactions with reference to any specific GL A/c. Kindly help me .
Thanks and advance
Regards
ShivanHi Appalas,
Check this link
Re: Linking of default taxes and discounts to BP
Tax Code
/people/arshdeep.singh/blog/2008/10/20/defining-a-new-tax-code-in-sap-business-one-2005-b-and-2007-b
Regards
Jambulingam.P
Edited by: Jambulingam P on Jun 22, 2009 12:39 PM
Edited by: Jambulingam P on Jun 22, 2009 1:20 PM
Edited by: Jambulingam P on Jun 22, 2009 1:21 PM -
To configure Sales tax for USA
There is a State wise tax rates.
This total tax rate consists of : State tax, City tax, country tax, special purpose district tax.
Below is some sample . I need to configure only Total Tax rate. Pl. let me know, what needs to be done in SAP. Pl. let us know the transaction codes from spro.
Accounting Entry in FI :
Customer Dr 110
Sales Cr 100
Sales tax Payable Cr 10
State Customer Name Client Location State State Tax Rate City City Tax
Rate County County
*Tax Rate Special District SPD Tax Rate Total Tax Rate *
+Arizona American Reliable Insurance Company Scottsdale, AZ AZ 5.60% Scottsdale 1.45% Maricopa 0.00% N/A 0.00% 7.05% +
+ MiniCo, Inc. Phoenix, AZ AZ 5.60% Phoenix 2.00% Maricopa 0.00% N/A 0.00% 7.60% +
+California 1st pmf Los Angeles, CA CA 6.00% Los Angeles 0.00% Los Angeles 1.25% LACT District Tax 1.00% 8.25% +
+ Alliant Sprecialty San Diego, CA CA 6.00% San Diego 0.00% San Diego 1.25% SDTC District Tax 0.50% 7.75% +
+ Cencal San Ramon, CA CA 6.00% San Ramon 0.00% Contra Costa 1.25% BART CTA Distric Tax 1.00% 8.25% +
Edited by: Amitava Majumdar on Dec 9, 2008 6:11 AMHi ,
you can proceed in the following way
1) You would need to configure the tax procedure for USA copy TAXUS ( OBQ3)
2) have UTXJ condition in that
3) create the tax codes for the different scenarios FTXP
4) also modify your pricing procedure if it does not have the UTXJ condition type ( V/08)
5) Maintain the condition records to determine the releavant tax code vk11
6) Run the cycle & check whether the applicable tax rates get picked up
hope this helps
Thanks
Prashant -
HI All,
Please inform a if a standard template for gathering the data from business exists for the implemenation of SAP FI -TAX Configuration for a new country.
The implementation is for Baharain. Also what level of TAX complexity exists and if the Gaps have already been identified along with the solutions then please inform.
Thanks and
Regards,HI,
As per Sap note no 602901
602901Support of country specific functions
For which countries does SAP support country-specific functions
for R/3 in the areas of Financials and Logistics?
I hope above note will clearify you issue else please revert back to me specific problem.
Regards
Madhu M -
How SAP Charge for their product ?
Hi All,
Today I and My friend had a little fiery chat on how sap charge their customers for R/3 and so on...?
1. For product license and number of users license (or),
2. For product license alone (or),
3. For product license and number of users license along with number of sapgui s installed in the network. (or),
4. For product license and number of sapgui s installed (or),
5. For number of users license (or),
6. For number of users license along with number of sapgui s installed.
Please let us know.
Thanks in advance.I would recommend you contact your account rep for the answer.
-
How t ocreate tax code ...?
hi all
Can anybody explain me how to create tax code for my company code in IDES.
I tried to create new tax code in FTXP..
System is asking for tax jusdricaton..
Please guide me how to proceed further
Thanks
sap-mmHi
Try deleteing the Jurisdiction code from Trax OBCP & then from OBCO.
maintain tax procedure and assign it to your country in OBBG.
Then try maintaining TAX codes already created in FTXP.You will
now be able to exclusively enter Tax rate and it will not be
greyed out.
The Key however is that your TAX Procedure for the countrry for
which ur working should be properly maintained inside OBQ3,
and BSX & WRX enteries should be correctly assigned to the type
of GL account inside OBCL.
Regards
Sujoy
Edited by: Sujoy on Oct 14, 2008 10:54 AM -
How to make tax codes in mm purchasing
Dear Guru,
1. How to make tax code for purchase of Raw materials with basic excise duty=14%, SECess=2%, HSEcess=1% and Additional Excise duty=4% as follows . If we consider basic prise=100 then
BASIC =100
BED (14%) =14
SED (2%) =0.28----
Sed=secondary Educational Cess
HSECESS (1%) =0.14
SUB TOTAL = 114.42
AED (4%) =4.56
TOTAL = 119
For above all taxces(BED,SED,HSEcess,AED) , client gets 100% set off.
Please tell me detail procedure.
2.Do we need to assign (tax code) them to any business area, as my system is giving an error at the time of saving in MIRO.
3. What is the meaning of ticking ( check box tick) for calculate taxes under basic tab in MIRO.Hi Nitin,
Tax Set Off depends on the Account Key which you are using. Account Key in Tax Procedure will be defined by finance at SPRO - Financial Accounting - Financial Accounting Global Settings - Tax on Sales / Purchases - Basic Settings - Check and Change settings for Tax Processing.
Check the relevant condition type in the Tax Procedure (TAXINJ / TAXINN), and then check the account key of the procedure whether the Non Deductable indicator is set or not. you may take finance help for the same. Once it is done correctly then define the excise defaults for the relevant tax procedure at SPRO - Logistics General - Tax on Goods Movement - India - Basic Settings - Determination of Excise duty - Maintain Excise defaults
Then create the tax code with the relevant condition types.
You need to assign the Tax code to Company code if you use TAXINN procedure. No need for assignment of Tax code to Business Area
Once you select the Check Box Calculate taxes in MIRO, then system calculates the Taxes based on the tax codes defined and also validates whether Part II Postings have been done or not also for the Excise relevant transactions
Regards,
Ramakrishna -
CIN: How to maintain tax codes
I am using TAXINJ pricing procedure for creating excise invoice.
My question is how to maintain TAX Codes for calculating breakups of excise duties. How many tax codes do we maintain.
I can make the excise invoices but i am facing problem because tax codes are not properly maintained.
I can give more details if required.
Experts please help me on that.
RavsDear Deepu,
Thnx..
In tax code i hv maintained following rates:
Condition type Taxrate
JMO1 BED 14%
JAO1 AED 1%
JIN1 CST 4%
& in the other Tax code i hv
JIN2 LST 3%
I hv also maintained record in J1ID for Chapter ID
BEX rate 14% & AED 1%
I also changed tax rates to 100% as you said.
Now when i am trying to create record in UTXJ, at the time of entering tax code i am getting that msg.
I think i hv missed some step or any mistake in tax code.
Regards
Ravi
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