I need to split 2 different sales taxes to 2 separate GL Accounts
On a customer sales order, I have a need to split two different sales taxes for a single lineitem to two different General Ledger (GL) accounts. I know that a sales tax code (2 digit) is defined on the UTXJ pricing condition and that this tax code in combination with the account key associated with the tax type is used to determine the GL account to be used. However, in all of my current business situations, all taxes (state, city, and local) get posted to the same GL account as there doesn't appear to be a way to control the tax code at an individual tax pricing condition level. Has anyone been able to do this?
Here's my example:
Order 123, lineitem 1 has a JR1 tax pricing condition. The main UTXJ pricing condition contains a CX sales tax code. It should get posted to GL account GL001.
Order 123, lineitem 2 also has a JR2 tax pricing condition. The UTXJ pricing condition (from above) contains a CX tax code. However, it should get posted to GL account GL002.
Any help would be appreciated. Thanks.
Hi Friend
Then in order 123 in the line-item 1 say the material is a finished material , so your will be doing sales cycle OR->LF->F2
Then in order 123 in the line-item 2 say the material is a Trading material , so your will be doing ME21N->MIGO->MIRO->BILLING
So even though you assign CX tax code it gets posted to G/L account GL001. But even though the lineitem 2 has CX tax code it will be posted to G/L account GL002 because you will be assigning the stock in OBYC
Regards
Srinath
Similar Messages
-
Me, my girlfriend, and my mom all share one apple account. This was ok years ago but now it's a problem. I would like to put my mom on her own account. She has a phone, iPad and Mac all linked to the apple account. My mom is not tech savvy by any means and any changes gets her all upset with technology. My concern is if I create a new apple account for her and have her enter it in She will loose or not be able to access something or something will go wrong. I want her to be able to access all apps she already has installed via the family share To the original account.
will changing accounts be simple or will it require her reinstalling anything on her Mac,iPad,iPhone?Thanks for the response. I thought about that but figured I would like to keep it because the login is my current email address. That may be the simplest way though. I would like to know if someone has done this and if it was a disaster or not. I recall my co worker had a hard time changing his iCloud/Apple ID login that resulted in a couple of trips to the Genius Bar. he was changing his because he no longer had that email.
I Will keep asking to see if it is a simple process. If no one knows or ither responses, I'll just let her keep my apple account. -
HELP! I need to add sales tax
I created the following form:
https://adobeformscentral.com/?f=IZQ74oNt78cRqRpdEYGlSA#
I am using Paypal for checkout. I have sales tax set in PayPal but this form does not add it in at check out. How do I add this to the form?Sorry, we do not support Sales Tax. The API we use to integrate with PayPal doesn't use the sales tax configured in the PayPal account.
-
Dear All,
We have new Tax policy according to which we have to deduct 16% sales tax for the vendors who are not registered with tax authorities. For example we procure services of $100 from an unregistered vendor then at the time of invoice we need to have follwing accounting entries:
Expense Debit $100
Vendor Credit $84
Tax Liability Credit $16 (16% of 100)
Tax will be paid to the Government at the end of month.
Kindly suggest how can i handle effeciently it in SAP. Should i need to create some special Sales tax code, with-holding tax or should i use some condition type in PO.
Thanks,
Shahzad ShakoorThank you for your reply.
In case we have with-holding tax of 16% then lets suppose we have a services of $100 then at the time of invoice well have following accounting entry:
Expense Debit $100
Vendor Credit $100
and at the time of payment with-holding tax will be deducted. This will record $100 in expense but our requirement is to debit $84 in expense and credit $16 in tax liability.
Looking forward for solution.
Regards,
Shahzad Shakoor -
Credit management with different sales organization
hi,
one cusotmer master code with different sales area, can i separate the credit limit? pls advice. thanksDear Friend,
Pls proceed as follows for implementaing credit control at sales Area level:
1.Define two control Areas e.g C1 & C2 in enterprise structure(Definition)
2.Do not assign the Company code with control area howver keep the "overwrite CC" tab checked (SPRO-Assignement of control area with company code)
3.Assign Sales Area e.g S1 & S2 with control Area C1 & C2
4.Now define credit limit in FD32 for customer in control area C1 & C2
Pls note the control area will be derived automaticaly in case of sales transactions however while posting thru FI control should be a mandatory field in all transactions affecting cutomer ledger balance.you would be required to take help from Fi for this.
Following areas of FI needs changes:
1.Incoming payment & down payments
2.Credit or debit notes
3.Manual clearing of payments with Invoices.
Pls do ask if any other calrification is required.
Regards
Sanjay -
NEWB HELP! How do I write Formula for Sales Tax and Gratuity items
Sorry for the bonehead question, but I'm not much good with spreadsheets and we're trying to find out if we can afford to get MARRIED. In numbers '08, I'm using the "new from template chooser" item called "event planner".
So far, it's adapting nicely to our needs, BUT some items incur sales tax, others do not. Some items involve a gratuity, others do not.
I understand the idea of adding an E column with the basic formula =D*7.25% or an F column with =D*20%
but that would add tax to EVERYTHING - question is this
If I add two columns of checkboxes, one for YES TAX, one for YES GRATUITY
how would I write the formula to say "If E is checked, then multiply D by 7.25%; if F is checked, then multiply D by 20%; add these two numbers together and put them in column G; if neither box is checked, put the value of D into G"
then I could SUM column G (???)
Thanks in advance for any help!Buster,
This formula will work (long form):
=IF(AND(B2=TRUE,C2=TRUE),A20.0725A2+0.2*A2,IF(B2=TRUE,A2+0.0725*A2,IF(C2=TRUE,A20.2A2,A2)))
and can be simplified to:
=IF(AND(B2=TRUE,C2=TRUE),1.275A2,IF(B2=TRUE,1.0725*A2,IF(C2=TRUE,1.2A2,A2)))
I would point out, however, that tax rates and tip amounts tend to change. So instead of putting constant values in the formula, you may wish to replace them with cell references to the tax and tip rate values. Then should these values change, you need to change them in only one place rather than all your formulas.
pw -
Dear All
What are the different Sales tax reports in standard SAP.
Regards
kashiDear Kashi,
In continuation to Mr. Laxmipathi:
Also Check:
SAP EASY ACCESS --> Accounting --> Financial Accounting --> General Ledger --> Reporting --> Tax Reports --> General
Best Regards,
Amit -
Supplier Sales Tax Information before payment
I need a report which shows Sales Tax which company has given to their supplier. My first question is SAP has any standard reports for this. If it is not provided by SAP then How to make it
Scenerio:
I need information of Sales Tax which commpany paid to their suppliers, Finance Department using Purchase invoice as a reference because they want to know this before payment to party.
I am looking forward to your replies.
M.Waqasplz give reply
-
When we add additional distribution lines to an invoice for sales tax the income tax type field is automatically populated based on the supplier setup. Should sales tax lines be included in the total income reported on a 1099?
When we add additional distribution lines to an
invoice for sales tax the income tax type field is
automatically populated based on the supplier setup.
Should sales tax lines be included in the total
income reported on a 1099?I am not much aware of it functionally...but last year when I got the 1099's printed out, the printed copies did not have sales tax as a separate line item.
Thanks,
Chiru -
Need to change sales tax from point of sale to point of delivery
Hi all,
Recently the tax laws were changed such that sales tax is to be collected based on where the product will be delivered to (rather then where the product was sold from).
Briefly we are an agency with mulitiple divisions, and within those divisions several sales offices. Previously, a sales would be made from the sales office, and based on the tax rate for that division and sales office (county/city) the sales tax would be calculated.
Now we need to shift that so that a sales can still be made from a division/sales office, but the collected tax is based on where the product will be delivered to.
I'm sure there is a way to set this up, but I'm at a loss as to where to start.
One of teh options the customer suggested was to have a sales area set up with all the cities and tax codes in it. Then assign that sales area to each of the sales offices. Is this possible? Or do you have to have a separate sales area for each sales office?
I'm open to any suggestions you may have as I'm not very familiar with this side of SAP (sales distription and taxes).
Thanks in advance for your thoughts!
LaurieThanks Bill. As it turns out, we are in the US where jurisdiction is an option I guess so this procedure may not be needed. As I dig further it appears we are currently setup to use TAXUS procedure which utilizes tax codes - a limited number. But since the recent change, we may need to switch to TAXUSJ.
Does this ring a bell for anyone? If it is what we need to do, what need I be aware of that will change in the rest of the system?
Thanks for your answers so far!
Laurie -
Hi All,
Invoice split happens due to different sales person in sales order line items.
Example for SO:
1st line item - XXX sales employee
2nd line item - YYY sales employee
3rd line item - ZZZ sales employee
then 3 invoice's are getting created.
Any suitable way to avoid this.
I have tried changing copy routine in VTFL. but its of no use.
I am an ABAP'er. So if there is any user exit to achieve this please let me know.
Thanks,
AjeethDear Ram,
Based on your requirement create new copy control routine and assigned these routine to Data VBRK/VBRP field in copy control(VTFL).
Hope this will help you.
Regards,
Manoranjan. -
Dear All,
When we create AR AP invoice, the journal entry will split by total and tax. However, our client would like to know how much tax the client paid. Is there any report they can know what tax amount the client paid or not paid.
They don't want the user query. They are asking if we can split them in payment. Thanks in advance.
Regards,
YukaHi,
You can check the option of checking the Payment Means where there is possibility of having the tax amount applied to the first installment or last installment or to the all installments equally.
But the same would be of help only when the payment is received for a full installment. If the amount received is a Payment on Account where it can be applied to installements with partial amount, the tax amount cannot be identified.
Please check this and let us know if anything is missing out in this.
Kind Regards,
Jitin
SAP Business One Forum Team -
CS4 Multi Artboards (ie: 5 pages) need to be split 5 different ai files
Hi
I'm using CS4 Mac. I have been 5 pages in one single file.
But I have to be save each page need to be 5 different ai files.
Is it any other options there. Please help me out.
Thanks
Regards
Janes LucasJanes_chennai wrote:
Hi Carlos,
I had tried this script but it is not working out.
Please send a suggestion!!
Thanks
Janes
I really suggest you just follow the route i suggested...
Cheers...
S -
I've just purchased a year's license to Creative Cloud on my unit's tax-exempt purchasing card, but the tax was assessed anyway. Several calls to the help desk revealed that no one has been trained in U.S. state sales-tax exempt organizations, and so I have no way of trying to get this charge backed out - which will result in a big accounting headache.
Is there anyone out there who may be able to help? Unfortunately there seems to be no way to escape being connected to the overseas call center, where managers aren't really able to provide any assistance either.I will make a complaint to the better business bureau. I'm out $48 (because I gave it to my brother- we are both college students paying our way through school- except I'm in my 30's and also paying bills). It isn't a lot of money but its a spit in the eyes from Verizon. 15 year customer- so what- spit in the eyes. Sells Verizon phones at her job everyday when she's not working really hard in school- so what- spit in the eyes. I'm also forwarding all of this to our district Verizon rep- see what she says.
-
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
Maybe you are looking for
-
I have multiple devices$ users on my apple account. How do I set up icloud so that we can have our own emails?
-
Power View RDLX File Format - Connect to Source in SharePoint
I am currently trying to Open (and Edit) a Power View Report which i create on Excel, on my System, and then Upload with the workbook on SharePoint. I have followed the following Tutorial in Order to accomplish this: Configure Excel Services data ref
-
When I try to log onto Facebook, my iPad will not recognize my password, and I get an error code 190, but I can log on on my HP desktop. What is code 190, and why do I get it?
-
I recently got a 60 GB iPod video (I know they just released the 80...) and when I transferred over my library, I kept it on manual during the setup so it would just copy everything over. Now I want to set it to manual and can't seem to figure out ho
-
Sql Developer Data Modeler 3.0 EA1: Engineering singular to plural
Do you have a strategy for how I engineer all my singular entity names (such as EMPLOYEE) into plural table names (such as EMPLOYEES)? - Marc de Oliveira