Input Tax; Out put tax & VAT accounts

HI,
Please let me know what are the GL account required for the above taxes, with example GL account numbers.
Consider, for example Series 1XXXXX Liabilites; 2XXXXX Assets; 3XXXXX Income & 4XXXXX Expenses.
Thanks
Partha

Hi
We will maintain some accounts for input/out tax and vat accounts. Take one simple sinario and what are the Tax GL accounts required for : Input Tax; Out put tax & VAT accounts
I have a little bit confussion, about tax clearing accounts, Ex: cenvat clearing account, cenvat payble account, cenvat account.
Like many accounts are there in the system. Please let me all the accounts (minimum requirement) requirement in chart of accounts.
Thanks
Partha

Similar Messages

Input and out put tax

Hi
What is meaning of input and output tax can anybody explain me steps also.
Thanks

> Input Tax is occurred when purchasing goods or
> service
> Dr. expense(Inventory A/c)
> Dr. Input Tax (Receive from goverment) (Paid to the vendor as tax)
> Cr. AP
>
> Output Tax is occurred when sale goods or
> service
> Dr. AR
> Cr.Revenue
> Cr.Output Tax (Pay to goverment)
Highlighted portion modified by me.
Some countries allow setoff of output tax against inout tax which is called VAT in European countries and MODVAT in India ( hta is tax payable on sold items against tax paid against bought out items) based on materials and products. Those cases output tax is stored as separate line items. If it cannot be setoff against input tax. In those cases it will be inventorised against the material.
Output tax is periodically set off against input tax.

Splitting Input/out put tax to different profit centers

My sales order has two products and two different profit centers assigned in the Material master.
Product A             10000 ( PC x)
Product B               5000   (PC Y)
Output tax             2000
Custmer Dr,        17000/-
I want to split out put tax 2000 to profit center x and Y same like F.5D & 1kek, which will split the receivable and payable and transfer to profit centers
Please advise how to go about with this.
Thanks in advance

Hi
If you have New GL & Doc Splitting activated - Then this would happen in real time when you post the accounting document....
br, Ajay M

Need to update out put tax classifcation code for a range of items in Orac

Hi,
I need to update out put tax code for a range of items in Oracle EBS. At the moment we update tax code for individual items manually ubder invoice tab. Is there a better way to do this.
Regards

Where can I find the mtl_system_items_interface table?Under INV schema.
R12 -- INV.MTL_SYSTEM_ITEMS_INTERFACE
http://etrm.oracle.com/pls/et1211d9/etrm_pnav.show_object?c_name=MTL_SYSTEM_ITEMS_INTERFACE&c_owner=INV&c_type=TABLE
11i -- INV.MTL_SYSTEM_ITEMS_INTERFACE
http://etrm.oracle.com/pls/trm11510/etrm_pnav.show_object?c_name=MTL_SYSTEM_ITEMS_INTERFACE&c_owner=INV&c_type=TABLE
Thanks,
Hussein

What input tax and out put tax

hi difference between in and out put tax

Hi
see the below site
http://help.sap.com/saphelp_erp2005vp/helpdata/en/e5/077dd14acd11d182b90000e829fbfe/frameset.htm
nagesh

TAXINN- posting a sales entry from FI using out put tax code

Hi
This client requires TAXINN and need to post a simple sales entry from FI ie cusotmer Dr Sales Cr and Sales Tax Cr.
Can any one tell whether this is possible? If so, how.
thanks a lot
Sridevi

Hi
I think you are using CST for this particular customer,but VAT tax code also be their in customer master records.so system having confusion what to take in posting.
It is coming from SD side i think since you have maintain some tax rate in sales order the billing is directly picking from their depending from your copy control.
but iam not sure about the solution you please make the VAT 0% and try to post in FI. please check whether it works
Also check your sales account what tax code is assigned their
Thanks
Ansuman

Out Put Tax

Dear Guru's
As per Our Client Requirment We Have activated Document Splitting And New GL Concept Based On Business Area (Plant and Division) Concept
In FB03 We are Able to See Entry View and General Ledger View with respect to Business Area. However while posting entries with Output tax system is not able To capture Business area with Output Tax.
Entry as Follows
Output Tax -CR (Without Business Area )
Customer -DR (Business Area Available )
Domestic Revenue/Foreign Revenue -CR(Business Area Available )

Hello Kiran,
In OBBH you can write in pre-requisite
a) If the Business area is only 1:
if BSEG-HKONT='Output Tax'
Subsitute : BSEG-GSBER=XXXX
b) If the Business area will differ per circumstance:
if BSEG-HKONT='Output Tax'
Substitute : a user exit (take ABAP help)
Hope this helps.
Vikas.

Regarding Input and Out put format

Hello Experts,
While uploading my notepad file, how the system will identify individual fields,I can make it using delimeters like with commas( , ) or pipe symbols ( | ) or Space. So how it is able to understand each individual fields. For this where we do configuration in our scenario.
Thank you

Hi,
You have to use file content conversion(FCC) for this.Using this you can make your file adapter to understand your FIle.
Converting File Content in a Sender Adapter
http://help.sap.com/saphelp_nw04/helpdata/en/2c/181077dd7d6b4ea6a8029b20bf7e55/content.htm
Converting File Content in the Receiver Adapter
http://help.sap.com/saphelp_nw04/helpdata/en/d2/bab440c97f3716e10000000a155106/content.htm
http://help.sap.com/saphelp_nw04/helpdata/en/29/5bd93f130f9215e10000000a155106/frameset.htm
There are many blogs with many cases- You can find in SDN very easily-
/people/venkat.donela/blog/2005/03/02/introduction-to-simplefile-xi-filescenario-and-complete-walk-through-for-starterspart1
/people/venkat.donela/blog/2005/03/03/introduction-to-simple-file-xi-filescenario-and-complete-walk-through-for-starterspart2
/people/venkat.donela/blog/2005/06/08/how-to-send-a-flat-file-with-various-field-lengths-and-variable-substructures-to-xi-30
/people/anish.abraham2/blog/2005/06/08/content-conversion-patternrandom-content-in-input-file
/people/arpit.seth/blog/2005/06/02/file-receiver-with-content-conversion
/people/shabarish.vijayakumar/blog/2005/08/17/nab-the-tab-file-adapter
/people/jeyakumar.muthu2/blog/2005/11/29/file-content-conversion-for-unequal-number-of-columns
/people/shabarish.vijayakumar/blog/2006/02/27/content-conversion-the-key-field-problem
/people/sap.user72/blog/2005/01/06/how-to-process-csv-data-with-xi-file-adapter
/people/michal.krawczyk2/blog/2004/12/15/how-to-send-a-flat-file-with-fixed-lengths-to-xi-30-using-a-central-file-adapter
Thanks,
Vijaya.

VAT Account- Expense or Liability

Hello all,
I need to create the VAT account to assign to the Input Tax Code. We do not have AR in SAP, and the offestting of Input and OUtput Taxes (VAT) is done outside of SAP as well. In that case, should this VAT (payable?) be an Expense or a Liability account, or an Asset account?
Your help will be highly appreciated.
Thank you,
Nubha

Thank you both very much for your valuable input.
This is the VAT account that will be debited at the time of Vendor Invoice entry (FB60). It might be such that, the nature of the account (Liabilit/expense or asset) will be based on the activity that is being perfomed?
The set up is for a Mexican company code and right now I only have 3 tax codes assigned to the same GL (expense) account. The 3 codes are all based on the vendor location (border-11%, non border-16%, No VAT- 0%). Maybe there will be events when, at the time of Invoice entry, the VAT account should rather be a liability account?
After all, some of the VAT are recoverable and some parts are not. Just my speculation.
Your thoughts would be welcome.
Thanks again.

Out put vat/ input vat adjustment

HI All,
I want small clarification on out put vat/ input vat adjustment in SAP. can anyone tell me any standard reports are avialable to see this report. If not how to see this report in SAP
thanks & regards
Kiran

Dear all,
i am waiting for your earlist replay on VAT Output and VAT Input adjustment report
regards
Kirna

Blank BUSINESS AREA ISSUE IN VAT OUT PUT GL

Suppose I am creating a billing document and the entry view & GL View is like below :
ENTRY VIEW
1     1          100009          Vijay Sales     42,200.00
2     50          300101          SALES - CTV     35,555.56-     310     110310
3     40          451005          CASH DISCOUNT     711.11     310     110310
4     50          251409          OUTPUT VAT     4,688.89-          110310
5     40          340099          ROUND OFF DIFFERENCE     0.01     310     110310
6     50          300104          SALES - VCD / DVD     2,666.67-     314     101000
In this billing doc. I have given two different types product sale in one invoice. The total VAT output is showing as 4688.89. In this document 310 & 314 are my business area. Now if I look at the GL View of the document its like the below :
GENERAL LEDGER VIEW
     1     1     1          130101          Sun.Drs DEALERS CONT     333.34          110310
     1     2     1          130101          Sun.Drs DEALERS CONT     39,199.99     310     110310
     1     3     1          130101          Sun.Drs DEALERS CONT     2,666.67     314     101000
     2     4     50          300101          SALES - CTV     35,555.56-     310     110310
     3     5     40          451005          CASH DISCOUNT     711.11     310     110310
     4     6     50          251409          OUTPUT VAT     333.34-          110310
     4     7     50          251409          OUTPUT VAT     4,355.55-     310     110310
     5     8     40          340099          ROUND OFF DIFFERENCE     0.01     310     110310
     6     9     50          300104          SALES - VCD / DVD     2,666.67-     314     101000
Now Just see at the document. The Business Area is capturing correctly in VAT output for the first sale. But the VAT out put for Second Sale, the business area is blank. Where as the B.A. is perfectly capturing in case of both sales.
It is the same scenario if Iu2019ll take n-number of products in an invoice. Only first productu2019s B.A. is capturing in the VAT output, while in others its showing blank.
So kindly suggest me why is it so? & how can I show the B.A. in every VAT out put GL for n-number if Transaction in one invoice.
kindly send the solution in rnarayan @ videoconmail.com
Regds,
R. Panigrahi

See OSS note 199886 - Business area in tax line:
Cause and prerequisites
Postings to VAT accounts must be made without business area. The reason for this is that the field "Business area" does not exist in the tax data. Therefore,the advance return for tax on sales/purchases can also only generate postings without business area and these postings must correspond exactly to the original tax postings in your account assignments. Otherwise, the tax accounts would have steadily increasing business area balances.
Solution
You can use function "Balance Sheet Adjustment" (report SAPF180) to display taxes in the balance sheet for business areas.

Net Invoices from Input Vat Account

Hi Experts,
I have an Input Vat account for an specific Company Code that has the netting functionality properly working. This functionality was turned on after a number of invoices had been processed for that account, and the account has a positive cumulative balance.
I need to net this invoices (posted before the netting functionality was turned on) into another netting account in order to have a Cero cumulative balance. I´m not able to manually journal the amount regarding the configuration of the account. (Post Automatically only flagged, Posting without Tax unflagged and the Tax Category is Input Tax).
Could you please help me to net this invoices into another netting account? I´m open to comments and ideas.
Thanks in advance,
Pedro.
Edited by: Pedro Danibele on Feb 9, 2012 1:49 PM

Hi,
Try with the following code
*XDIM_MEMBERSET RPTCURRENCY=LC
*XDIM_MEMBERSET INTCO=NON_INTERCO
*WHEN ACCOUNT.PROPERTY
*IS INCOME
*REC(EXPRESSION=%VALUE%,ACCOUNT="AC1",PRODUCT="NA")
*ENDWHEN
*COMMIT
After this, if you want to invert the sign, you can add the following before the *COMMIT
*WHEN ACCOUNT
*IS AC1
*REC(FACTOR=-1)
*ENDWHEN
Try to run the script using the debugger and see whether the result is correct or not.
Hope this helps.
I have removed the statement *XDIM_MEMBERSET MEASURES=YTD

Sub: Tax Combinatiom. Tax rate, tax Amount in the print lay out design of t

Dear all,
Sub: Tax Combinatiom. Tax rate, tax Amount in the print lay out design of the A/R Invoice
I have to Create a Print Lay out design of the A/R invoice for the Indain standrad please provide me some solutions for the following problems to locate the Tax combinations,Tax rate and the Tax amount in the PLD A/R Invoice ,
PACAKGE SAP B1 2005B
Need a standrad solution as per the requriment
Eg: Row Level
Tax Code created is BED+VAT
Tax combination details is
Name of Tax type   Rate
Excise                     16%
Ecess                    2%
Hcess                    1%
VAT                       4%
Row No     Item Qty   UnitPrice Tax code Total(LC)    Tax Amount
1             X      10     10000      BED+VAT   100000      21139
                                         (Excise =16000,Ecess=320, Hcess=160, VAT=4659)
2              Y      5      20000      BED+VAT    200000       42278
                                        (Excise =32000,Ecess=640, Hcess=320, VAT=9318)
In Print Lay out Design Requried is the deatils of Tax code combination , Rate and the Tax Amount in the followig way
Excise    16%   =48000
Ecess     2%    =960
Hcess     1%    =480
VAT       4%    =13977
Please send the feedback as early as possible urgently requried
for the further details send the feedback
Reagrds
Mr.Chitrasen

Hi experts,
       Pls anybody have an answer to my question, i'll be very thankfull to u,
                 I wanted to display the Tax Break ups in Invoice say,
ECess            25
Vat                 56
Excise duty    32
I've tried a lot with many of the SAP Forum thread but the results is not satisfactory..am using SAP Business One 2007 b
pls anybody who can guide me with step by step PLD creation for this problem.
I done the below steps in PLD
In Repetitive area 1
Field_1: Table-> OSTA
              Column-> Type
Field_2 : Table-> OSTA
              Column -> Code
Field_3: Table-> OSTA
              Column-> Rate
Field_4: Table-> OSTA
              Column-> Name
Field_5: Table-> A/R Invoice Tax amount per document
                Column-> Tax amount
Field_6 : Table-> A/R Invoice Tax amount per document
                Column-> Base amount
Field_7 : Formula -> Field_6 * Field_8
Field_8 :   Formula-> Field_1==1
      NOW I SORTED REPETITVE AREA 1 WITH 'SALES TAX AUTHORITIES;cODE' AND TICKED THE CHECK BOX 'SUMMARY'
    AND MADE THIS REPETITIVE AREA INVISIBLE.
IN Repetive area footer
F_01 :    Formula->   Field_4
F_02 :    Formula->   Concat(Round(F_rate,0), '%')
F_03 :    Formula->   Round(ColSum("F_tax_amount"),2)
I grouped the Repetitive area footer as Group 1
                            here i get the result but the Tax Rows are repeating and Tax amount varies for VAT for each rows
pls help me guys...
               Thanks in advance,
               Dinesh
Edited by: Dinesh S on Dec 23, 2011 1:28 PM

Account Determination for Tax using Sale Tax Code

Hi,
We are using TAXINN and sales tax codes. We are using JTX1 condition in our sales pricing procedure for which we r maintaing condition record with correct tax code applied to it. We have assigned account keys in Tax Procedure, so no acct. key is assigned to JTX1 in sales pricing procedure. In record of JTX1 we are maintaining same tax rate (with tax code assigned to it) for eg. 4 % (not 100%) as maintained in tax code.
Now, we are able to save billing document but while creating accounting document system is giving following error:
No account is spesified in item 0000001002
No acct. was specified for acct. type S in item 1002 of the FICO doc.
The financial acctg. pgm. cannot process the doc.
A sys. error has probably occured in ther sppln. you called up. Check the data transferred to item 1002 of the FICO doc.
Pls. help.
Regards,
Dipti

Hi Dipti,
Hope you are working for Indian Client.
Since you are using TAXINN procedure, you should not use JTX1(Tax Jurisdict.Code) condition at all. As you are aware after implementation of VAT, we should switch off Tax Jurisdiction at all lelvels.
SD Pricing Procedure:
1. Condition Type Settings
a. Excise conditions (if req'd)
b. LST / CST Conditions
c. Freight and Insurance Conditions
2. Access Sequence Settings
3. Maintain Pricing Procedure
4. Assign tax code to Company code
Therefore, check your IMG settings once again.
Bye,
Muralidhara

In MIRO - wants to put Tax amount manually (Not % basis)

Dear Friends,
While doing MIRO normally we select tax code as per tax code , tax is coming in % and if we do simulation it shows it is posted to
its GL.
But this is having always fix % .
But in my case at the time of MIRO we noticed that taxes are there but more than % provided in tax code.
Thats why we want a provision that at the time of MIRO we will put TAX AMOUNT and will choose proper GL where this tax amount will go.
will it possible? if yes , please tell me.
Regards,
Mahesh.

Hi Vipin ,
When i am going to -Material Accounts-tick Dir.Posting to G/L account.
nothing is comming on screen. system gives message.
"No entries exist, double-click for long text
Message no. SV065
Diagnosis
No entries were found when importing data from the database.
Procedure
To create new entries, choose the function Edit -> New Entries.
To recover deleted data, you must first display it with the function
Select -> Display Deleted, and then discard changes with Ctrl. + F2 or
the "Discard Change" button.
what is the solution for it?
Regards,
Mahesh Amale

Input Tax; Out put tax & VAT accounts

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