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.
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Edited by: Paul Finneran on Oct 15, 2009 12:36 PMDear Gorge, How do you arrived at the result? plz can u say me?
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RahulHi Also refer Oss notes:
Note 75750 - F5100: Entry E 3 '' is missing in table T021T
Cause and prerequisites
Customizing error:
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Pls assign points as way to say thanks -
Not able to perform j1iex for service tax capturing
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Determination in OBYC for A/c Key GBB and Valuation Modifier VBR (to this Assign the Service Expense A/c) and
for A/c Key WRX, assign GR/IR Clearing A/c
2. ME21N - In PO (ME21N), use Item category as "D" (Services) along with Account Assignment Category "K" (Cost Center)
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Service Vendor A/c - Cr
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Ed Cess on Service tax - Dr
Sec Ed Cess on Service tax - Dr
In normal purchase order having excise duty we would perform a t.code j1iex once for capturing excise and again for posting excise duty.
we want same step between step 3 and step 4 for service tax also. can anyone tell us how to achive that.Hi
We dont have the provision to maintain registers for service tax.
so there is no question of capturing service tax thro J1IEX.
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We will utilize this service tax input credit at the time of monthly utilization (J2IUN) where in there is option for giving this G/L account.
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regards
prasad -
Down Payment in Deferred Service tax Scenario
Hello all
Has any1 come across a scenario where there is a Down Payment reciept from the customer, then an invoice is raised for the same and clearing is done and the balance amount is recieved from the customer in F-28. Then the T.Code S_AC0_52000644 - Tax Reports -> General -> Deferred Tax -> Deferred Tax Transfer (New) is executed. Is the same supported? What are the steps and wat tax codes do we need to use at what cycle level?
Also, is S_AC0_52000644 - Tax Reports -> General -> Deferred Tax -> Deferred Tax Transfer (New) supported when we have multiple line items in the tax code e.g Service Tax with VAT.
Any help will be highly appreciated.
Thanks in advance
Hrishihello Diana.
I solve a similar problem wite notes.
Regards.
Edited by: Rafael Vazq on Dec 7, 2009 12:13 PM -
Dear All,
I am rasing a service PO with the value of 500 INR. Then i am giving tax code as S1 (10,2,1% +4% VAT Service tax code). it is not calcuating the taxes. Our tax procedure is TAXINN. maintianed the condition type for S1 tax code using FV11 T. Code.
Pls guide me how to rectify this.
Rgds
SriniCheck customization and also refer below note
Note 778976 - Configuration for Service tax (MM and SD)
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