New tax type

Hi,
We are introducing new Tax type for USA. What is the necessary config i need to do to make it active?
Please help.
Mayuresh

Hi Mayuresh,
for full list of configurations, check http://saphrexpert.blogspot.com/2008/12/sap-tax-configuration.html
esp the link present in that has document which has all the configurations....
Are you introducing a new tax type for US? I am not aware of any new tax types which are being added to US for this year. Please let us know which tax type this is...
Thanks,
Ananth

Similar Messages

How many new tax type and tax code are created for change in TDS

Hello Gurus.
we are using SAP since more than one year.
now tDS rate is change , so i would like to know How many new tax type and Tax Code is created in our system
and also like to know At what percentage i will crete that new tax code.
we have pair of tax type and tax code as shown in Example( for Interest) below
Tax type        Tax code           Name
I1      IC      Sec 194A - Interest on deposits
I1      IO      Sec 194A - Interest on deposits OT
I2      IC      Sec 194A - Interest on deposits Surcharg
I3      IC      Sec 194A - Interest on deposits EC& SHEe
I3      IO      Sec 194A - Interest on deps EC& SHEe OT
I4      IC      Sec 194A - Interest on deposits Pymt
I4      IO      Sec 194A - Interest on deposits Pymt OT
I5      IC      Sec 194A - Interest on dep Pymt Surcharg
I6      IC      Sec 194A - Interest on dep Pymt EC& SHEe
so how namy additional reuire to create new tax type and code more.
i am waiting your reply.
Regard,
Riten patel
Edited by: riten patel on Oct 29, 2009 10:23 AM
Edited by: riten patel on Oct 29, 2009 10:23 AM
Edited by: riten patel on Oct 29, 2009 10:33 AM

Hello Hansachechani
we have followinng   tax key
115O     Dividend 115O(1)
192B     Salary
194A     Interest income other than securities
194C     Payment to contractors
194H     Commission
194I     Rent
194J     Prof/Technical services
195     Payment to foreign nationals
206C     Tax Collected at Sources (Scrap)
ST     Service Tax
and we have followig tax type
C4     Sec 194H Commission Payment
C5     Sec 194H Commission Pymt Surcharge
C6     Sec 194H Commission Pymt EC & SHE Cess
D4     Sec 115O(1) Dividend Payment
D5     Sec 115O(1) Dividend Pymt Surcharge
D6     Sec 115O(1) Dividend Pymt EC & SHE Cess
F4     Sec 195 Foreign Prof fees Payment
F5     Sec 195 Foreign Prof fees Pymt Surcharge
F6     Sec 195 Foreign Prof Fees Pymt E&HS Cess
G1     Service Tax on GTA
G2     Service Tax on GTA E Cess
G3     Service Tax on GTA S&HE Cess
I4     Sec 194A Int on Deposit Payment
I5     Sec 194A Int on Deposit Pymt Surcharge
I6     Sec 194A Int on Deposit Pymt EC & SHE Ce
L4     Sec 194C Contractors Payment
L5     Sec 194C Contractors Payment Surcharge
L6     Sec 194C Contractors Payment EC&S HE Ces
P4     Sec 194J Professional Payment
P5     Sec 194J Professional Pymt Surcharge
P6     Sec 194J Professional Pymt EC & SH E Ces
R4     Sec 194I Rent Payment
R5     Sec 194I Rent Payment Surcharge
R6     Sec 194I Rent Payment E Cess & SH E Cess
So Is it necessary to create new tax key and tax type?
wheather i create new tax code only?
I ma waiting your reply.
Regard,
Riten patel

New Tax type for FTXP.

Dear gurus,
Please tell me how to add new Tax type in t code FTXP.
please guide
regards

Please do not post basic questions. These questions will be locked by the Moderator.
In order to keep the forum more clean, please read and respect the forum rules.
Before you post: Rules of Engagement

Us Payoll : Tax Model Changes : Creation Of A New Tax Class : Impact

Hi Experts,
Has anyone earlier created a new tax class specification of PC 71 for a wagetype so that it is taxed only for a particular tax authority , if yes how did you handle the impact on the other tax authorities ,did you create new entries ( with the new specification ) for other tax authorities as well so that the existing tax calculations happen as it is.
The issue is explained IN DETAIL below :
We have one requirement to include certain wage types X Y Z for the calculation of Transit District Excise Tax /435 in the tax authority ABC
When we checked our system, for these wage types X Y Z the corresponding tax classification is set as 0 ( Regular taxable wages ) which is linked to tax type 1 and not linked to 35 tax type , so we need to assign it to a specification which is having both 1 and 35 tax types. We can assign this to 935 which is linked to both 1 and 35 however this will impact all the wage types that are linked to 0 ( Regular taxable wages ) specification in PC 71.
Our business does not want these other wagetypes to be impacted i.e the requirement is that ONLY X Y Z wagetypes should be included in the calculation of Transit District Exercise Tax /435 for the tax authority ABC.So the option is that we have is to create a new 71 tax class specificaiton say * and assign it to these wagetypes and then create a new entry assining this * in the table T5UTM to 935 for this tax authority so that it is taxed for Transit District Excise Tax /435.
However since we are assigning a new tax class specffication to these wagetypes, there will be a impact on ALL THE OTHER tax authorities where these wagetypes X Y Z are having an old specification of 0 ( Regular taxable wages ). So we have to create newe entries with this new specification * in the table T5UTM so that the current tax calcutions are not impacted.
We have about 500 tax authoties or 500 tax models where we will have to create new entries with the new tax class specirication '" * " , so that these wagetypes are taxed as they are being taxed today, for all of the other tax authorities.
Has anyone earlier created a new tax class specirication of PC 71 , if yes how did you handle the impact on the other tax authorities ,did you create new entries for other tax authorities., which is next to being impossible as we cannot create 500 entries.
Alternatively we are looking at using the TAX MODIFIER for this requirement , please advise if anyone has used TAX MODIFIER for this kind of a requirement mentioned above. Any suggestions are most welcome.
Regards,
Vineeth
Please Dont use Caps letters
Edited by: Moderator

Yes we are also referring to the same and this is the actual issue we have , each tax authority has its own tax model. We have to customize (add) this new tax type in the tax models or it won't be considered ( as you have mentioned ).
But we have over 500 different tax models and we cannot be adding this new specification in each tax model , Please advise how this could be handled other than writing a rule. We are just thinking loud if there is anything that we are missing.
These wagetypes are quiet common in all tax authorities , so have to be added in all the tax models i.e. for all tax authorities.

Us Payoll : Creation Of A New Tax Class

Hi Experts,
Has anyone earlier created a new tax class specification of PC 71 so that it is linked to some tax type.
If yes how did you handle the impact on the other tax authorities when the wagetypes are linked to this specification?
Did you create new entries for other tax authorities?
Thanks in advance

Yes we are also referring to the same and this is the actual issue we have , each tax authority has its own tax model. We have to customize (add) this new tax type in the tax models or it won't be considered ( as you have mentioned ).
But we have over 500 different tax models and we cannot be adding this new specification in each tax model , Please advise how this could be handled other than writing a rule. We are just thinking loud if there is anything that we are missing.
These wagetypes are quiet common in all tax authorities , so have to be added in all the tax models i.e. for all tax authorities.

RFWT0010 withholding tax type and tax code change in vendor master problem

Hi
Due to some reasons I need to change the withholding tax type and tax code in vendor master.
When i am running the report RFWT010,After changing the tax type and tax code in vendor master...the list contains no items. eventhough there are 14 line items for the vendor that are required to be adjusted with new tax type.
Please suggest how to solve this query.
regards
yesap.fico

Any inputs?

Retro Local Tax Type 84

Does anyone know, if the new tax type 84 works correctly for retro? We are having some issues, with the tax not going back and not retroactively working. For example, we have the PAAH tax code $2.00 per pay and employee's have missed 2 pays and it only is deducting $2 for the current pay...
I am not sure, if this is a config issue or some other issue. We were told by BSI to map the new tax type 84 in BSI, but is there anything else that needs done in BSI.
We looked at all the retro tables in SAP to make sure the /484 wage type was configured.

Hello,
You are getting the error because PA localities ALLENTOWN no longer support the PA TT:51 tax formula as of 1/1/2008.
T5UTD
PA11 Allentown 51 Employee Occupatio 10/31/1993 12/31/2004
PA11 Allentown 84 Local Services Tax 01/01/2008 12/31/9999
Only few PA Local support Tax type 51, not all moved to TT 84.
With Regards,
S.Karthik

Assigning multiple withholding tax codes of the same witholding tax type

As described in note 363650, I have configured a withholding tax type FE to include a range of withholding tax codes of 0% for US 1099 reporting only. I also carried out the conversion to extended withholding and resolved all errors. My requirement is that I need two different withholding tax codes of this type to be open and editable in MIRO and FB60. I am receiving error Message no. 7Q005 when I attempt to add another code of the same type.
What is the best practice for configuring/recording withholding tax in this case?
Example:
Vendor XYZ
Header amount of invoice: $1000.00
Amount relevant for withholding tax type FE code 01: $600.00 (rents)
Amount relevant for withholding tax type FE code 07: $400.00 (nonemployee compensation)
Thanks in advance

Thanks for the input. My problem occurs when attempting to assign the second tax code in the vendor master. The system doesn't allow for the second code of the same type to be added.
I can assign one code in the vendor master without issue, and all fields are editable in the withholding tax tab for the first code, both for invoicces and for payments.
I have been offered one suggestion to configure a differrent range of codes with a new tax type. This would mean that if I had only one vendor relevant for 3 tax codes (rent, royalties, unemployee compensation) then I would have to configure two additional withholding tax types with all the codes associated with them. This doesn't seem like the best approach -- am I missing a setting or some other minor config to solve this?

Tax types not available in SD

Hi all
While I am defining tax relevancy in SD (transaction OVK3 and OVK4), I couldn't find the new tax type created in FI (created thougth path--> financial accounting >financial accounting global settings >tax on sales/purchases > basic setting >check calculation procedure >define condition type)
So It seems someting is missing. What else should we do ir order to hace the tax type available in SD?
Thanks in advance
BG

Hi,
You may perform the following to complete the taxes:
FTXP - Maintain tax codes by Country
OBQ1 - Maintain/Create Condition Type
OBQ3 - Tax Pricing Procedures
OBQ2 - Define Tax Access Sequences
OBBG - Assign Tax Country to Tax Calculation procedure
OVK3 - Define the Customer Tax category (in SD)
OVK4 - Define the Material Tax category (in SD)
OVK1 - Define Tax Determination Rules by Country
OVK6 - Assign delivery plants for Tax determination (locally which Tax country category to use)
VK13 - Maintain Tax Condition Rate (e.g. 1%, 2% etc.) by Tax Country
Hope this helps.
Thanks.

How to perform a Mass update in Vendor master-- WHolding Tax TYPE

I need to update the With holding tax type to be added to a list of vendors.
Please suggest.
I tried doing it by MASS/ XK99 but that I think is only for updating TAX code under a specific Tax type.
I want to add new tax type in multiple vendors.
Please post your sugestions ASAP.
Regards,
Madhur

Hi Madhur,
You can try LSMW for the same.
Please refer the link on LSMW by RAVI SANKAR VENNA.
LSMW for Functional Consultants in simple step-by-step way
You can try FM FI_WT_VENDOR_UPDATE as well.
Hope this helps you.
Regards
Eugene

New condition type, new tax codes

Hi,
I have created new condition type for tax procedure TAXIN. I have defined the account key for it. The condition type is basically for exempted input tax transaction. Then I created new tax codes by using the new condition type. The percentage of the tax codes is 0 as it is exempted.
When I am trying to post invoice by using above taxcodes, it gives me error that the tax code is not defined in taxprocedure TAXIN.
What could be the reason?

Did you create the tax code in the development or prouction system?
If in development you need to export the tax code by going to FTXP and selecting Tax Code -> Transport -> Export. Then when you release the transport you should go to the Production system and select Tax Code -> Transport -> Import.

Requirement of creation of new condition types and Account keys tax codes

Hi,
In what all possible scenarios will the requirement to create new Condition types and accont keys arise for the creation of new depreciation keys.
Thanks
Raja.
Edited by: Raja Gopal 345 on Aug 29, 2010 1:06 PM

Unless you use jurisdiction codes, and no external tax system, for
example with tax procedure TAXUSJ, there is no validity dates for the
condition records. You can see this differnce by comparing the tables
A003 without jurisdiction codes and A053 with jurisdiction codes. A053
contains the extra fields DATBI (key field) and DATAB. This is the
standard functionality.
Please have a look at the following part of note 418582:
" Changing past percentage rates has to be inhibited in order to avoid
database inconsistencies. For this reason, the functions which allow you
to transport time-dependent tax codes with percentage rates from the
past are not supported."

New Tax code Creation for CST(Condition type

Hi Friends,
I am facing an issue during creation of new Tax-code for CST; condition type JIN1. After defining the tax percentage; system is picking an automatic G/L account, which is a grey field and can't be editable. We need to change G/L account and need to assign a new one.
Can you please tell us how can we remove the default assigned and non-editable G/L account.
Your support is appreciable.
Rgds, Krishan Raheja.

Hi Krishnan,
Use transaction OB40, here double click on the Account Key (you can check this account key assigned to condition type in OBQ3 and also in FTXP screen) that is mapped to condition type JIN1 and enter your chart of accounts. Now change the G/L account you want.
Regards,
Chintan Joshi.

Create New Tax code and condition types

hi experts,
i want to create new tax code V10 and new condition types ZWKT and ZSTX under V10.
i have a requirement that is create service general Purchase Order with following tax conditions
1. Work Tax 4% on 70% of Bill Amount.
2. Service Tax 12.36% on 33% of Bill Amount.
while creating PO when user select ZWKT and ZSTX, system should calculate 4%( on 70%) and 12.36% (on 33%) and place the tax amount on relevant fields automatically.
( i tryed with tcode:FTXP and created tax code(country key: IN, procedure: TAXINN and taxtype: V input tax) but problem with assigning condition types and calculation procedure)
please help me in this issue (step by step).
Thanks.
srinu.

Hi,
Here you have to create two dummy condition type for Base Value. One for Service Tax and other one for Work Tax.
Then create two condition type for Work Tax & Service Tax.
Ex : Work Order Base Value condition type is "A"
Service Tax Base Value condition Type is "B"
Work Order Tax condition Type is "C"
Service Tax condition type is "D"
In Pricing procedure just add all the above condition type as below
Both Base Value condition type will be calculated from System Base Value & in FV11 maintain the Base Value percentage against the Tax Code & Condition Type as per ur req (70% for Work Tax & 33% for Ser Tax)
Work Order Tax & Ser Tax will be calculated from respective Base Value. In FV11 just maintain the tax %.
Sangram

Create a new condition type for tax... and assign in the Tax determniation

Hi,
I need to add custom condition tax type, i tried creating the condition in OBQ1 and add that condtion in FI pricing OBQ3, now I want to confirm what is basic conept means whenever we create on condtion in OQB1 and add in OBQ3.
i need to add that in Sales order and need to maunally populate that in the sales order.
could anybody suggest to create a new condition type for tax.(full process).
Thanks
shankar

Hi,
Goto the T.Code "V/06".Create one new "Z" condition type.
Maintain the Condition Class as "D(Taxes)".
Calculation type as "A(percentage)".
Cond. Category as "D(Tax)".
Select the tick mark for "Group Condition" if it is applicable for you.
In the next step assign this condition type to your pricing procedure by using the T.Code "V/08".
Also maintain access sequence by using the T.Code "V/07" and assign it to your Condition type.
Now this condition type will appeared in your sales order after maintain teh condition records.
Regards,
Krishna.

New tax type

Similar Messages

Maybe you are looking for