Inclusive Serice Tax + Vat Configuration

Dear Friends,
I need to configure entire tax procedure which caliculates Inclusive Serive tax + Vat on open item. These service tax and Vat amount should goes to separate G/L's respectively.
Let Say...
Open Amount: 2000 GBP
Service Tax :   3.957% (Caliculates on Open amount 2000 3.957 /100 = 79.14 GBP*)
Vat :                 9.090% (Caliculates on Open Amount 2000* 9.090 / 100= 181.81 GBP)
In a invlice document it should be displaly like......
Amount          1739.05 GBP
Service Tax:      79.14 GBP
VAT :                181.81 GBP
Total:               2000      GBP
This service tax and Vat amount should be goes to seperate G/L Repectively.
Please let me know how to configure it into SAP to map the above requirement.
Your Help is in this regard really appreciated.
Thanks,
Joshi

Similar Messages

Is PB00 already inclusive of the VAT?

Is PB00 already inclusive of the VAT and how to validate that is the system?
Thanks,
VT

Dear,
PB00: is by default condition type for gross weight calculation and
PBXX: is for maunal entry, if system won't pick up PB00 condition type. So PB00 is not inclusive of TAX.
For VAT calculation, you need to configure the same in Taxes.
Regards,
Prashanth Pai

Help needed-Regarding pricing procedure and tax inn configuration

Hello Friends
I have a new scenario in sap mm-
i have to do teh customizing in 2 days please guide me up.
my company SAY :A is in india imports material from parent company B in america.
This A company some times gets material from local vendors in mumbai. where VAT and CST comes into place.
we are using use tax INN configuration for this.
ther are Customs duty, there is no excise duty as everything is just imported., edu cess, CVD,and freight charges etc.
can you please decribe me in detail the pricing procedure required for my company A which is in india.
and the customization of TAXINN.
any information will be really helpfulbecause i am struck on creating condition types.
Help me SAP GURUS>>Please..u wil be my life saver..

Hi Aravind,
For domestic purchase Vat & CST are applicable. If it is intra state VAT is used & if it is interstate CST is used. These condition types have to be manitained in the TAX procedure.
JVRD - I/P VAT
JVCS- I/P CST.
we have maintained condition records for both these condition types along with the tax code in FV11. In the case of import purchase, you need to maintain seperate pricing procedure for import which will include ,
JCDB - BASIC CUSTOMS DUTY
JCV1-CVD
JECV-EDU CESS
J1CV- SEC EDU CESS
JEDB- IMPORT CESS
JADC- ADDITIONAL CUSTOM DUTY.
All these conditions will be available in PO item level & you need to maintain % for these conditions. Hope it helps.

Advance output VAT configuration problem, FTXP

I have a problem with configuration of outgoing down payment tax code.
In transaction FTXP I've created tax code with following configuration:
TAX TYPE ,       ACCT KEY,    %,    LEVEL, COND. TYPE, ACCOUNT
Output tax (VAT)      , MWS, 10 ,    140,      MWR1,        1960000
OutputTax-DebitClear, ZUD,            ,    150,      MWR2,        9119000
OutputTax-CredtClear, ZUK,            ,    160,      MWR3,        9010000
Tax type - A, Output tax
Check - switched on
EU Code, Target code, Tgt tax code: Output and Input   are   empty.
When I try to post invoice (transaction FB01) in SAP R3 automaticaly generates additional line item for account 1960000 but no item generates for accounts 9119000 and 9010000 (i.e. for tax type ZUD & ZUK).
Tax category for accounts 9119000 and 9010000 is set to + (only output tax allowed).
Could you give me guidence what have I missed with tax configuation..
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The problem has been solved.
We have problem with 901-requirement witch used in tax calculation procedure. Accordingly to russian legislation requirements SAP deliver configured tax calculation procedure - taxru. To avoid error message FF 731 - "Tax code may only contain one rate" tax calculation procedure uses 901 requirement for zud and zuk. 901 requirement should has condition text (VOFM transaction -> menu requirements -> Pricing):
check: ( sy-dynnr = '0312' and
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              sy-tcode = 'FB01') or
sy-cprog = 'RFUMSV25' or
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        sy-subrc = 4.
In my case this text was changed by some one and my calculation procedure did not work.
Thank you all for assistance !!!!

Input tax, output tax, VAT & service tax,

Dear all,
I have configured tax on sales & purchase.
My client wants the following combination.
Service Tax , input tax,output tax, with VAT & without VAT. I have also configured. Can anyone tell what are the GL accounts that have to be assigned in OB40 under what transaction. for example MWS, VST, etc.?
i will assign good points.
Thanks in advance,
Regards,
A.Anandarajan.

> Dear all,
>
> I have configured tax on sales & purchase.
>
> My client wants the following combination.
>
> Service Tax , input tax,output tax, with VAT &
> without VAT. I have also configured. Can anyone tell
> what are the GL accounts that have to be assigned in
> OB40 under what transaction. for example MWS, VST,
> etc.?
> <b>Hi for the input and out tax-service tax VAT accounts u need to define a GL account which should be a BS account and on the GL account settings (FS00)
enter * in the tax category so that it will accept all taxes. Check for the actkey (MWS, VST etc ) and assign proper GL accounts defined in the above step in OB40.</b>> i will assign good points.
>
> Thanks in advance,
>
> Regards,
>
> A.Anandarajan.

China - Custom Tax, VAT Tax Handling

Hi SAP friends
I have the problem of Import custom tax and VAT tax for puchasing.
It is Domestic Sales scenario. Need to purchase material from oversea vendor.
Oversea vendor sell mateiral to China company RMB 100 per PC.
Mainland company needs to pay custom for custom tax 20% and the custom tax is non-deductible. Custom tax is 100*(20%) = RMB 20.
Then, Mainland company needs to pay China government VAT tax(17%),
VAT tax is 100(1+custom tax)(VAT tax)-100 = 100(1.2)(1.17) - 100 = 40.4
So, VAT tax amount = Material price * custom tax * VAT tax
In PO, I use ZOA1 custom condition type to input Cutom tax amount for Custom tax and input Tax code for VAT tax.
When good receipt, RMB 120 post to Material stock account. RMB 100 post to GR/IR. RMB20 post to custom account
It still be fine.
When do LIV, RMB 100 clear GR/IR. RMB 17 post to VAT tax account becasue it use RMB 100 as base amount to calculate VAT tax. RMB117 post to AP vendor account.
Actually, mainland company only pays RMB100 to oversea vendor and the Tax amount should be include Custom amount. Corrrect VAT tax amount is 100(1.2)(1.17) - 100 = 40.4 (use RMB120 as base amount to calculate VAT tax), but not only RMB 17 . But, in LIV payment to vendor now is RMB120. It is not fulfill the requirement of mainland company.
Do anyone have experience about China Import purchasing material. And, would share how to settle the payment of vendor and how to make use (Material price + Custom tax amount) as base amount to calculate VAT tax amount?
Thanks a lot for your help!
Mag

It may helpful hint before going to configure.....abt the tax codes..
Value Added Tax (VAT) was implemented in China in 1984. Initially, the tax was levied on 24 specified
items. The need for constructing a socialist market economy system in China resulted in the proclamation
of 'The Provisional Regulation of the People's Republic of China on Value Added Tax' on January 1, 1994.
Value Added Tax in China is one of the important sources of fiscal revenues for the government,
especially the central government. The implementation of VAT is done by the State Administration of
Taxation while the customs collects the import VAT.
..******note this point it may helpful*********
The revenue earned from VAT is divided between the central (75%) and local government (25%).
The list of VAT taxable items and the rates in China can be understood from the following:
Coverage of Collection
Rate
Exportation of goods
Edible vegetable and grain duplicates
Agriculture, forestry, aquatic products, products of animal husbandry
Book, magazines, newspapers
Tap water, cooling, heating, hot air supplying, gas, hot water, natural gas, liquefied petroleum gas,
coal/charcoal products for household use
Selected non-metal mineral products, Selected metal mineral products, coal
Chemical fertilizers, feeds, agricultural machinery, agricultural chemicals, plastic converting film for
farming 13%
Crude oil, mine salt and other goods and services not listed above
17%
VAT in China is payable by individuals as well as enterprises who are associated with selling
merchandise, providing services related to processing, repairing and assembling and import of goods.
VAT Taxpayers in China are categorized into two sections, normal taxpayer and small taxpayer, depending
on the turnover of the goods and services on sale and the accounting system condition.
The amount of VAT payable by the normal taxpayer can be calculated by the following:
Output tax payable for the current period u2013 Input tax payable for the current period = Tax payable
The amount of VAT payable by the small taxpayer is as follows:
Sales amount x Applicable rate = Tax payable
(The applicable rate is 4% for commercial sectors and 6% for others)
Certain items and services are exempted from VAT. These include the following:
u2022 Instruments and equipment imported for direct use in scientific research, experiment and education
u2022 the agricultural production materials as ruled, the self-produced primary agricultural products sold by
Agricultural producing units and individuals
u2022 Imported materials and equipment granted, gifted by foreign governments or international organizations
u2022 Contraceptive medicines and devices
u2022 Articles imported directly by organizations for the disabled for exclusive use by the disabled
u2022 Materials imported directly to support the poverty relief and charity cause donated freely by overseas
natural persons, legal persons and other organizations
u2022 The taxable services provided by individual disabled laborers
u2022 Antique books purchased from the public
Certain reforms have been implemented in particular areas of China in 2004 with regard to the VAT.
chk the website http://www.cabc.org.cn/news/2006-1-19/2006119145600.html

Vat configuration for uk

Hi
Please send the document related to VAT configuration steps for country UK
my mail id [email protected]
Thanks in advance
c.k.reddy

HI REFER BELOW
<a href="http://help.sap.com/saphelp_470/helpdata/en/e5/077ff04acd11d182b90000e829fbfe/frameset.htm">European VAT Processing</a>
As part of the process of establishing the European Single Market, the tax authorities in each EU member state assign VAT registration numbers to companies. All companies that are entitled to deduct input tax can receive a VAT registration number.
A VAT registration number is alphanumeric and consists of up to 15 characters. The first two letters indicate the respective member state, for example DE for Germany or ES for Spain.
The VAT registration number is designed to specify the tax processing involved in certain transactions and to allow the financial authorities to monitor the application of the new regulation.
For this reason, the VAT registration number of the company code and that of the customer must be specified on invoices for tax-exempt deliveries and other goods and services within the European Union. The VAT registration number is thus part of the control procedure that has replaced the former border controls (EC sales list).
You can define VAT registration numbers in the system for every customer, company code, and vendor. The VAT registration numbers in the vendor master record are currently only used in Spain for information purposes.<a href="http://www2.warwick.ac.uk/services/finance/sap/help/howtoguides/vattables/">Guide To VAT</a>
Message was edited by:
SHESAGIRI.G

Condition techniques/ TAX Vat

Hello Sapients
We have a sales company in Europe, and we are selling goods in multiple european union countries.
Now we have just started selling goods in couple of other EU Countries. I need to configure Tax (VAT) for those transactions. I have Tax codes that I need to create. I know I can create new tax codes using FTXP. But I need to know who what other configuration I need to do. I am not SD consultant so I do not have good idea on condition technique. We also do not have any SD person in ur team, so i need to do that.
Can somebody please send my steps on configuring this new tax codes, with some explanations.
Thank you
naman

Hi,
Steps:
Creation of pricing procedure Steps:
(1) V/03 = Create condition table
(2) V/07 = Create access sequence
(3) V/06 = Define condition type
(4) V/08 = Define pricing procedure
(5) OVKK = Define pricing procedure determination
(6) VK11 = Maintain condition records
Explanation:
in V/06 you need to create a condition type for VAT.
and Access sequence according to the requirement. and see that the same will be taken in the Condtion tables.
Add this condition type in the pricing procedure.
Maintain the condition record for the same.
FTXP: create the tax code for the same.
Pricing is the combination of creating correct pricing procedures that map the business needs and processes such as
correct pricing and discounting, and keeping to the legal requirements placed on the business, such as adhering to
the tax laws of the respective country.
A pricing procedure consists of a list of condition types in defined orders, such as price, less (u2013) discount, plus
tax. Some controls exist in the pricing procedure.
Pricing is the calculation of costs (for internal purpose) and revenues (for external purpose) by following tax class
of a particular country.
The pricing procedure is also used in account determinations. This determines the general ledger (GL) accounts to
which type prices, discounts, and taxes must be posted. The condition types in the pricing procedure are linked to an
account key. This key in turn is linked to the GL Accounts. This shows the integration between the pricing in the
invoice and the Financial Accounting (FI) Module.
Best Regards
SRI

VAT Configuration/ condition technique

Hello Sapients
We have a sales company in Europe, and we are selling goods in multiple european union countries.
Now we have just started selling goods in couple of other EU Countries. I need to configure Tax (VAT) for those transactions. I have Tax codes that I need to create. I know I can create new tax codes using FTXP. But I need to know who what other configuration I need to do. I am not SD consultant so I do not have good idea on condition technique. We also do not have any SD person in ur team, so i need to do that.
Can somebody please send my steps on configuring this new tax codes, with some explanations.
Thank you
naman

HI
could u forward VAT configuration
my maild nsvshiva@gmail,com
Regards
siva

Europe VAT configuration

We are doing Intercompany and need to work on European VAT configuration . Please could you give me the link where I can get the document for Eurpean VAT from scratch
Thanks in advance,
YGB

Here are some points that could be of help.
1. OY01 - Check the checkbox EU Country and assign TAXEUR in tax procedure.
2. OB87and OB88 - VAT Regn. Nos. for EC member countries.
Otherwise, FTXP and other stuff are same as other countries' tax configuration.

Excise and Sales Tax/VAT related notes.

Hi,,
Can anyone provide me notes on Excise and Sales Tax/ VAT related issues(Pricing Proc/Condition Types/Sceanrios etc) at my mail id [email protected]
Regrds,
Binayak

Hi Pratap,
For free goods you have to pay excise duty, that is why i recommend you to follow a new pricing procedure, where the Price Condition type is statistical(to calculate excise) and give payer as self if the excise duty you would not get from customer,\
1.Create invoice and excise invoice.
2. If you don't want to to hit self(given in document header partner) create proforma and excise invoice
revert if you require any clarrification.
regards.

Creation of Tax Code - Service Tax + VAT

Hi,
I want to create new tax code
Service Tax - 4.12% + VAT 5%.
The steps i followed is in FTXP,
1. Against JSRN given value - 4.12
2. Against JVRN given value - 5%
But it gives me error. Define tax code at level 510.
I want to create new tax code SV which includes Service Tax + VAT.
Kindly let me know the proper way to do it and where i am going wrong.
Regards
Manisha

Hi,
My problem is not yet solved.
I want Service Tax - 4.12% + VAT-5% under one Tax code SV.
I repeat I have created tax code SV
In FV11,
for JSRN i give tax code SV and value 4.12% for Service Tax but for JVRN when i give tax code SV and value 5% it gives me error :
'Tax indicator SV has percentage rate 4.12%'.
Kindly let me know proper solution, i have checked settings are all proper as per your replies.
Just let me know how do i create the two taxes JSRN and JVRN under one tax code SV because SV accepts only one fixed value.
Regards
Manisha

Cash Discount after Tax & VAT

Hi , Friends,
My client has a scenario where in some purchase orders , he receives the discount after tax.
when I add the discount (absolute) after tax in the m/08 , the net price changes and the tax is calculated on this new net price which is wrong & not required .
Friends tell me what chnages I need to do so that discount is calculated after Tax & VAt and the ideally what should be the accounting entries in MIGO and MIRO.
if the gross price is Rs 100
tax is Rs 10
and discount is Rs 5.
Thanks in advance

Hi Dgn,
What type of industry sector your client belongs to. But as a standard practise, cash discounts are captured before adopting the Tax or VAT through Invoice.
We will calculate the accounts payable:
Usually below is the scenario for taking the discounts from the vendor in the process of purchaing:
will take your given figures/values:
Eg. (1)
                           Total gross price:      100.00 INR            (as per your client)
                           Discount:                       5.00 INR          (-ve)
                                                                                95.00 INR
then adopt, Tax (10%):                             9.50 INR      (10% on gross ( = 9.50 INR) :   goes to govt. for tax depart.
that means, the total amount:                   85.50 INR      payable to the vendor (A/P)
But, where as in your case /as per client,
(2)
Taking your eg. Total gross price:      100.00 INR            (as per your client)
                           Tax amount: (10%)     10.00 INR            (10% on gross = 10 INR)    : goes to govt. for tax depart.
                                                                                110.00 INR
then taking,       Discount:                         5.00 INR      (-ve)
that means, the total amount:                105.00 INR      payable to the vendor (A/P)
(1): 85.5 INR   < (2) : 105.00 INR
So, in 2nd scenario, your client has to pay more to their vendors & also more tax in the process of purchasing compare to the usually procedure (1). Other wise your client has to pay extra 20.00 INR. Hence option 1 is the rightone.
Pls check with your client again and suggest them further.
Hope you understood.
Regards,
Sapsrin.

CREDIT NOTE FOR SALES TAX/VAT

WE WANT TO PREPARE CREDIT NOTE FOR VAT WRONGLY CHARGES IN THE BILL. WHEN WE ARE PREPAIRING THE DOCUMENT (INVOICE CORRECTION) WITH REFERENCE TO THAT BILLING DOCUMENT, THE DIFFERENCE VALUE OF(TAX/VAT) IS NOT SHOWING IN NET VALUE AND IT IS NOT PROCESSING FOR INVOICE(CREDIT NOTE).SO HOW TO PREPAIR CREDIT NOTE FOR WRONGLY CHARGED VAT?
Please guide .

Hello,
It's almost impossible to make a credit note in this situation.
You'd better cancel the original invoice and create a new one using the correct VAT code.
Regards,
Johan

Reports for Mexico Taxes - VAT

SAP Gurus,
Can you please provide some information, on the standard reports available in SAP for Mexico Taxes (VAT & Withholding). I have found only this report in our system.
RFVATRTNMX - VAT Return (Mexico)
Thanks.

Hi vevek,
thanks for the info,
Unfortunately this report shows me the details after the transaction is done.
What we need, is this, I create a PO of Rs 100 today, the delivery of that Po is in 6 months, I am wanting to see that when i run a report, I see that the Rs 100 PO is having a Rs 20 tax to be paid, Hence the total will be 10020 =120. right now in Me2n I see the amoutn as Rs 100 and not 10020 =120
Please advice

Inclusive Serice Tax + Vat Configuration

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