Separate calculation of service tax & VAT in PO itself
Hi .,
My client wants to configure the following scenario without changing tax procedure( TAXINN)
While creating a PO for Rs. 100 then on Rs. 30 there
should be a calculation of VAT and on Rs. 70 there should be a calculation
of Service tax.
Please reply fast .
Regards
It can be done from condition record, use T-code FV11 for the creating the condition records, check your key combination, as my experience goes this business requirement will be restricted to one vendor and material so choose the same while creating the record.
While creating mantain the percentage accordingly
the other option is to change the condition category.
Regards,
Sujoy
Similar Messages
-
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
ManishaHi,
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 -
Hi,
We are in Construction.The Job Contain Material as well as Service.
Like Making of Drainage for that The Company Send the Po Which Contain Like Labour ,Cement every thing.As the Comapny DOn't do the Gr so they maintain it as Services .The Po Conatain the Limit of 100000 INR which include Vat,Service Tax All.At the End of the Work The Venodr Produced a Bill of 1 Lakh.
The Calculation Should be Like this
33% of 100000=33000
On 33000 that Service tax 12.24% =4039
67% of 100000=67000
67000 on that Vat 4%.
How to do it as the Po conatin only one line item.How can I control the tax code??Hi,
U create two service entry sheets, One of 33% and another of 67%.
During the IV, you give the respective tax code in the tax field.
ST for 33%
and VAT 4% for 67%. Both the tax will be captured.
Hope it will help u.
regards
Sushil -
Service Tax & VAT or CST in Service Purchase Order
Dear sappers,
We've this requirement.
For some service like Genset repair, the Service Vendor is charging Service Tax (10%2%1%) and VAT or CST for the components he is added for the repair service.For VAT or CST he will charge ( Excise + Cess + VAT or CST) i.e. ( 8%2%1%+4% or 2%)
In Service PO line item i've put with Genset repir and in service lines I put the maintenace service & components as two service lines and put the respective values and tax code like service tax as well as Input tax for VAT 0or CST.
When I'm doing SES and checking the accounting document, VAT or CST is not adding to the component cost.
How to MAP in SAP??hi,
Tax on input, be it VAT / CST or service tax will be added to the material cost based on the tax code settings.
If the tax code used is a non-deductible, then the tax part would be added to material or expense GL on Goods or service confirmation.
If the tax code used is deductibe, the tax amount would be posted to seperate GL at the time of IR posting.
The tax code used, is assigned to tax processing key which determines this rule.
check tcode OBCN.
Hope this helps.
Harish -
MM Pricing - Service Tax + VAT
Hi All,
We had defined the MM Pricing procedure as per below Scenario
Base Price : 100 INR
Service Tax : 12.36% on Base Price 12.36 INR
VAT : Base Price + Service Tax (i.e. 112.36) SAy 4% VAT is Applicable then it would be 4.49 INR
But now We would like to have one more Scenario in which Service Tax and VAT (Both) are applicable on Base Price.
ie Base Price : 100 INR
Service Tax : 12.36% on Base Price : 12.36 INR
VAT : 4% on Base Price : 4 INR
Pls Let me know, how should i configure the second scenario. I dont want to disturb the First Scenario (as it will be applicable in some cases too).
Regards,
S AnandHi as far as my knowledge Serv tax and VAT are charged on base price because you can not charge a tax on the tax . We have configured such scenario by creating the tax code .
Example -- we have tax code V5
We have maintained service tax conditions on Tax code basis ( all 3 conditions Serv Tax and Cess)
Also VAT condition JVCD is maintained at same V5 tax code basis .
In similar type of scenario we just select tax code V5 and proceed .
Pls do not forget to maintain conditions at Tax classification also
Other things related to Tax code are same ..
Hope it may solve your problem .
Pls revert back
Regards
Bhushan -
PO: service tax , VAT applicable
Dear All,
in a PO, i need to calculate total price.
Base price
service tax 12.36% on base price
subtoatl1 = base price+ servce tax of 12.36%
VAT- 3% on subtotal1.
how to map in SAP
please let me knowWelcome to the forum.
Before posting any threads, please go through the forum rules as indicated in the link
[Before you post: Rules of Engagement |Before you post: Rules of Engagement;
As mentioned, please search the forum before posting.
thanks
G. Lakshmipathi -
Purchase Bill with Service Tax & VAT
Hi Friends,
Here i have received the Purchase bill with both service tax and VAT.
Pls let know how to prepare the PO and MIRO/MIRO.
Here i am giving the break-up for e.g.,
Total Value 80100.00
Ser Tax 10.3% 8250.30
Total 88350.30
+ VAT 4% 3534.01
Round Off .31
Total Payable 91884.00
Pls let know how the clear and give me the solutions
Regards,
LakshmanHi Laxman,
You can have a seperate condition for service tax with keeping posting key for the tax key & post the PO.
Condition
ZPRI 80100.00
ZSER(10.3%) 8250.30
Total 88350.30
According to vat code defined it will calculate on this value.
Regards
Rang -
Calculation of Excise Duty on Service Tax
Hi We have created a PO which has two line items, one for raw materials and one for freight. Both the cost of raw materials and freight has to be paid to the same vendor. We have maintained the condition type correctly for materials/plant/vendor combination in FV11 for excise and vat. In PO we have assigned the correct tax code. MIGO has been done and excise invoice captured correctly. However, when we are doing MIRO, in the line item for freight we have assigned the tax code for service tax, which has also been maintained in FV11. However, system is calculating both service tax and excise on the freight amount which should not be correct. We are doing MIRO for raw materials and freight amount together
Pls suggest
regards
Sanilna
-
Service Tax 10.3% + Vat 5 Tax code
Hi Expert,
I have to make PO for Licenses Purchase which include two Tax component.
Service Tax 10.3% & Vat 5%.
Service Tax is Applicable on Basic
Vat Is applicable on Basis + Service Tax
Service Tax & Vat both are refundable
In our system we don't have Tax Code for this, Please help me with step how to create the Tax Code.
Scenario
Nos = 100
Rate = 200
Basis = 20000
Service Tax 10.30% = 2060
Total = 22060
Vat 5% = 1103
Final Amt = 23163
Regards,
GHSHi
It is possible to have the scenario in place. The Service Tax would be calculated @ 10.3%. You configure the service tax for india as per SAP Note 921634. There after total this up in a sub step. There after, calculate Excise Duty on Base Amounts and total them up. On this base, calculate VAT, CST, Additional VAT and Surcharge on VAT.
Regards
Sanil Bhandari -
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. -
Hi All,
I want to create the new service tax code as per below mention calculation.
Material cost = 100
Cost on which service tax need to ba calculated = 33% of 100= 33
So my service tax will be 10.3 on Rs 33 which is Rs. 3.4
VAT should be calculated on material cost + Service tax = 100 + 3.4 + 103.4 which will be 5.16
Please help me to create such kind of tax code.
Regards,
Nandkishore NachaneNandkishornachane wrote:
Hi All,
>
> I want to create the new service tax code as per below mention calculation.
>
> Material cost = 100
>
> Cost on which service tax need to ba calculated = 33% of 100= 33
>
> So my service tax will be 10.3 on Rs 33 which is Rs. 3.4
>
> VAT should be calculated on material cost + Service tax = 100 + 3.4 + 103.4 which will be 5.16
>
> Please help me to create such kind of tax code.
>
> Regards,
> Nandkishore Nachane
Hi,
F or this you have to create tax code in ftxp as s1.
in that code you have to given the description as service tax+vat
and use the all conditiontypes which are nneded for your calculation use all condition types in your procedure in ob40
and given the percentages for your condition types in fv11.
after that use this tax code at the time of p.o creation.
Thanking you. -
Import PO subsequent Debit: Taxes not calculated as per tax Code in MIRO
Dear All,
I am facing the problem while taking Subsequent debit (MIRO) of Import PO. I am using service Tax code 10.30 % .
When I entered the amount 4000 INR. It calculated the taxes 348.18 which is not correct.
I also check condition in FV13 its properly maintained.
Thanks in Advance
Regards
Pawan SardaHello
Thanks for ur Reply.
MIRO -- Subsequent Debit -
>Tax code - S3 ( 10.30 % Services Tax) -
>PO NO. -
> change Vendor ( Import Vendor to Domestic Vendor) -
> Amount 4000 INR -
> also change Tax Code of Line Item -
>Simulate
Vendor A\c -
> 4,348.18 INR Cr
Stock A\c -
> 4,000.00 INR Dr
Service Tax -
> 338.04 INR Dr
ECS -
> 6.76 INR Dr
HECS -
> 3.38 INR Dr
Above process I m doing against Import PO but I m not identify why its calculated Wrong Service Tax or calculating on which base amount ?
Actual Entry
Vendor A\c -
> 4,412.00 INR Cr
Stock A\c -
> 4,000.00 INR Dr
Service Tax -
> 400.00 INR Dr
ECS -
> 8.00 INR Dr
HECS -
> 4.00 INR Dr
Edited by: pawansarda on Jan 21, 2012 11:41 AM -
Service Tax on Frieght Charges in Shipment Cost Document
Hi All,
I got a requirement like calculation of service tax on freight charges in transportation.I want to know the process how to achieve this,condition records need to maintain only in TK11 or in FV11 also.By doing search in SDN i came to know that this will come in with holding tax scenario.
Other than with holding tax scenario there is any other way to achieve this requirement.Please let me know the possibilities.
Regards
SunilI just checked this and I am getting tax amount in tax field. I don't know whether you were asking for this but this is what I got.
Meanwhile please go through this link as well.
How to close a discussion and why
Thank$ -
SD: Service tax and sales tax
Dear All
My client has 3 plants in different states and in to erection activities. while configuring the service tax and sales tax i have created single G/L accounts for the service tax and sales tax based on tax code.
Now my client is asking how can check the service tax payable and sales tax payable as per plant basis.
With my config all service tax will go to one G/L account , VAT will go to one account . how can we able check plant wise details.
Suggest me the way
Regards
SatyaHello
As per my experience, the GL Acc for Service Tax & VAT can't be same. Check with your client.
Anyways, as per your requirement for VAT
1. Maintain 3 Tax code corresponding to your Plant. This will help you in different Tax Code differnet GL Acc
Say,
V1 - Output TaxCode AP
V2 - Output TaxCode KA
V3 - Output TaxCode TN
2. In Tcode OB40 - in Rules activate Tax code. By doing this, it will activate TAX CODE & ACCOUNT in account section.
With you can maintain,
V1 - 3888001
V2 - 3888002
V3 - 3888003
3. Maintain access sequence Country/Plant/PlntRegion/TaxCl1Cust/TaxCl1Mat. in Tax Condition Type.
Then maintain condition record (VK11) for your VAT.
Say,
Country - Plant- PlntRegion - TaxCl1Cust - TaxCl1Mat.
IN - 3010 - AP - 01 - 01 - 4 % - V1
IN - 3020 - KA - 01 - 01 - 4 % - V2
IN - 3030 - TN - 01 - 01 - 4 % - V3
Similarly, you can do for Service tax also.
Thanks & Regards
JP -
Regarding service tax invoice creation in SAP SD
Hi,
Currently we are using ECC6 EHP4 where my client require separate service tax invoice generation as like excise invoice generation in J1iin. is it possible in ECC6 ehp4? client has excise registration
if possible what are the steps involved in it?Hi,
The reason for asking a seperate invoice for service tax may be because the client wants to utilize the service tax.
Other wise there is no need to create separate invoice for service tax. Invoice can be created from VF01 with service tax condition type included in the pricing procedure.
please check these links
http://wiki.sdn.sap.com/wiki/display/SI/ServiceTaxCreditandUtilization.
Service tax utilization through J2IUN
Hope this helps.
Regards,
Sharan
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