Tax calculation in Security deposit Agreement
Hi All,
While I am running the postings for Security deposit agreement commercial lease In. the tax is being calculated for the security deposit the tax has to be exempted while posting.
Experts please post any solution.
Regards,
Arjun.
Hi Arjun,
Hope you have not maintained any taxable tax code in the security deposit line item in the Lease in contract. If it is a required field, you may need to define/use appropriate tax code (for No tax).
Hope it helps.
Thx
Saroj
Similar Messages
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Interest calculation on security deposit H
Hi,
I have configured the special GL Indicator H and i received the amount against the Indicator H against the Customer. Now i want to calculate the Interest on Security deposit.
1. it possible to calculate the interest on SD?
2. Same customer is applicable for open item interest.
If i am getting any answer it would be greatful for me.
Please i am waiting for your reply Eagerly.
Thanks
Sriram.Dear Sriram,
It is possible:-
1.You have to create Interest Calculation Type for Customer SD Int Calculation say (R1)
2.Go to OBAA and maintain R1 there.
3.Go to Prepare Sp GL Transaction Interest Calculation (Maintain R1 - D - H - R1
4.In OBAC Maintain R1and select from date
5. Define Time dependant interest terms
6.In OB83 define the rate of interest
7.Go to OBV3 and maintain Account Determination for Int Posting (Select Account Symbol for Posting Key and again Assign GL code to same Account Symbol)
8. Maintain R1 in the Customer master to whom Interest will be payable.
Then Run Interest calculation posting T Code:-f.52
Regards,
Alok -
Interest Calculation on Security Deposit & Refund to party
HI, Expert
I have calculate the interest on Security deposit Amount for the period 01.04.2010 to 30.06.2010 & payment the interst on 03.07.2010 & clear the open item but when I run the next period it is again calculate for 3 days ,My cleint requirement is after calculation of interest it is taking 1-7 days for payment the interest to customer/vendor, is it possible in configuration setting
regards
gkDear Sriram,
It is possible:-
1.You have to create Interest Calculation Type for Customer SD Int Calculation say (R1)
2.Go to OBAA and maintain R1 there.
3.Go to Prepare Sp GL Transaction Interest Calculation (Maintain R1 - D - H - R1
4.In OBAC Maintain R1and select from date
5. Define Time dependant interest terms
6.In OB83 define the rate of interest
7.Go to OBV3 and maintain Account Determination for Int Posting (Select Account Symbol for Posting Key and again Assign GL code to same Account Symbol)
8. Maintain R1 in the Customer master to whom Interest will be payable.
Then Run Interest calculation posting T Code:-f.52
Regards,
Alok -
Agreement for Security Deposit
Hi,
We are implementing FX-RE. We have a requirement to create a Sales-based rent contract with security deposit.
I understand unlike classic real estate in FX-RE we need to create seprate agreement for securtiy deposit assigned to main contract.
I have created a seprate agreement for security deposit with ref to the main contract, but I am not able to see the security deposit amount as open item/accural for any of the contract.
Best Regards
ShekharHi Shekhar,
after creating the security deposit agreement you will also have to define a condition for the deposit.
In standard, this is entered as statistical condition (AFAIK) and that's why you won't get any cash flow.
Hence, if you want to receive an open item for the deposit amount you will have to create a (one-time) condition and post it
accordingly via RERAPP.
Hope this answers your question.
Best regards,
Christian -
TDS on Customer Security Deposit
Hi All,
Actually I need help on TDS deducted on Customers. We have Registered Dealers.We take Security Deposit from the Dealers.We pay interest on Security Deposit. We want to configure the SAP functionality for Interest calculation on Security Deposit and TDS on it.
I have configured the system for Vendor TDS and it's working fine.When I go for the same on Customer SD interest TDS, it is not working properly. My concerns are as under :-
1) as in Customer Master,we do not have any field for "Receipint type" I am not able to use J1INCHLN as there is no "Customer field".
I tried J1INMIS to update remitance challan and bank challan.Problem is TDS certificate. In TDS certificate, I am not able to see BasicsurchargeE cess separately as surcharge and E cess tables are updated onlu with "Recepeint type" and we do not have that field in customer master. What could be the problem? How we can resolve it?
How we can configure the functionality where we can have both SD interest calculated and TDS also deducted properly?
Thanks in advance for your replies.HI
If you set the posting indicator to "1", the withholding tax amount is deducted from the customer/vendor line item amount and/or bank line item, and a withholding tax line item automatically created.
After that pls make sure that the same Wtax code is assigned your customer master which is modified to 1 posting indicator and run again F.2B after all modifications
it has to work
Reg
Vishnu -
Calculating Interest on Cash Security Deposit
Dear Expert,
Our client collect security deposit from dealers , at the year end our client provide them interest @ 5%,
Example:
our client received 50000 rs as security deposit , year end they providing 8% to the dealer , how can i make this process in sap, Kindly guide me is there any slandered configuration methods are available in SAP system ,
Regards
Ajeesh.sDear Expert
Thank x for the quick response ,
i would like to add some more points about my requirement
while reviving security deposit , Client post a transaction in sap with H indicator
Party a/c Dr
to
XXXXX
at the year end They are providing interest amount to the party by posting below manual entry (They download all the H Indicator transaction from SAP & calculate interest manually)
Interest on Security a/c Dr
TDS Payable a/c DR( If the interest amount is more than 5000)
To
Party
This become a burden at the time of year end ,they want to make the interest calculation process in an automatic way , But am confused Hw can i add this TDS ( If the interest amount is more than 5000), kindly guide me
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Ajeesh.s -
Security Deposit Interest and Withholding tax_ Query
Hi Experts
I have raised a security deposit request and received payment against it. Interest on the cash security deposit was also calculated and it was also posted to contract account subject to Withholding tax assigned to it.
Now, i want to know from which tables will i be able to access the amount of Security deposit paid by the consumer, the amount of interest calculated on that Secuirty deposit and the amount of withholding tax on that interest?
Thanks in Advance.
Regards
Anwesha.Hi Anwesha,
There are multiple tables where you can access the data releted to security deposits and the interest calculated against them.
FKK_SEC
FKK_SEC_REQ
Take the document no. from the above tables and go to DFKKOP, you will be able to find the payment amount (if any) against the SD line item in the clearing section.
Table DFKKIAPT will give you the interest information for the security deposit.
Take the interest document no. and go to DFKKOP to find out the With holding tax amount (Field-QBSHB).
Hope it clarifies.
Thanks,
Amlan -
Re: Security deposit against vendor is picking up the tds .
Dear Team,
I am encountering an issue regarding tax calculation ..At the time of periodic posting security deposit is deducting the tds which is incorrect. We are implementing real estate in 4.7.We had pulled the with holding tax through BADI. Please advice how should i restrict the badi for the security deposit.
Note: I had maintained all condition types separately for security deposit and as well normal rent. Please guide us. Thanks for the consideration.
Regards,
Suma.Hi all,
Thanks for responses .I found a solution for this.
Regards,
Suma. -
Calculate interest on Security Deposit at the time of invoice?
Dear All,
I have a requirement of calculating interest at the time of invoicing.
I did the following configuration in spro:
SAP Utilities ->Invoicing->Invoice Processing->Define Control for additional invoicing functions
I clicked at the Int:Cash Security Deposit button.
But when I execute transaction EA10 (Creating invoice) , interest is not calculated on the security deposit.
All the configuration w.r.t interest calculation is correct.
Please let me know if anybody has any solution to this.
Warm regards,
RahulHi Rahul,
To calculate interest on any line item, we have to assign a interest key to it.
Take the FICA document created for Security Deposit and open it into FPE2 and goto change document:Item and then click on Tab Dunn. Data. Provide the interest key over here and then RUN your invoicing.
Regards,
Gaurav. -
Terrible experience with Verizon customer care. Need update on security deposit.
Hi,
I disconnected my FIOS internet service about two months back. When I took the connection last year, I was asked to pay a security deposit of $400 and I paid this. After disconnecting FIOS, I am trying to get the status of the refund of my security deposit.
I have called close to ten times to the customer care and all the times, I have been given either false information or I was told they would call me back and that would not happen.
At this point, I am extremely disappointed and surprised about how an organization like Verizon could be so unprofessional.
I need to know the status of my security deposit. Has anyone else faced this kind of a problem? How was this resolved?
Regards,
SathishSince we haven't heard back from you or have received a form submission as requested in your private support case, it appears assistance is no longer required. If you need any future help with your Verizon service, please make a post here on the forums so we can assist.
Anthony_VZ
**If someones post has helped you, please acknowledge their assistance by clicking the red thumbs up button to give them Kudos. If you are the original poster and any response gave you your answer, please mark the post that had the answer as the solution**
Notice: Content posted by Verizon employees is meant to be informational and does not supersede or change the Verizon Forums User Guidelines or Terms or Service, or your Customer Agreement Terms and Conditions or plan -
Security deposit - not received?
HOW DO I CHECK TO SEE IF I HAVE RECEIVED MY SECURITY DEPOSIT.
I WAS TOLD BY YOUR OFFICE THAT IT WAS RETURED. I ASKED FOR PROOF AND WAS TOLD IT WOULD TAKE A COUPLE OF WEEKS.
IT HAS BEEN OVER TWO MONTHS NOW.
HELP!!!!!
<Branched to a new discussion.>
Message was edited by: Verizon ModeratorLet's find you that money BROWNLEE1947! Information about your Security Deposit can be found in the "Security Deposit" section of your Customer Agreement at http://bit.ly/Kg6KQP. If you'd like me to check into your refund status, please follow me and send me a direct message with your mobile number to get started. I'll be able to see if a check was sent, the deposit was applied to your account, or if it's still in progress.
Thanks for your patience on your deposit refund.
JenniferH_VZW
Please follow us on Twitter @vzwsupport -
Security deposit # in INTCASHDEP EMIGALL Object
Is there a way to reference the Security Deposit number in the EMIGALL Object INTCASHDEP so the migrated Interest indicates the Security Deposit number upon being migrated? INTCASHDEP uses the KSM link to the Security Object but is it required that the INTCASHDEP Object uses the SAP Security Deposit # while trying to migrate the interest amount?
Hi Caroline
There's no direct link between INTCASHDEP and SECURITY.
Please have a look into the documentation of the INTCASHDEP migration object (EMIGALL: Migration Object: Display, then Documentation: Display):
Transfer concept for cash security deposits and interest calculation
The transfer of cash security deposits, including the requests, payments
and interest calculations of credit is a process performed in several
steps. They are:
1. Creation of cash security deposit
Migration object SECURITY.
You can classify a security deposit as a cash security deposit using
the NON_CASH field. When you create a cash security deposit, the
system posts a request. You can determine the number of the document
using the number of the security deposit in table FKK_SEC_REQ (field
OPBEL).
2. Transfer of cash security deposit
Migration object PAYMENT.
You must create a rule for determining the document number from the
security deposit.
3. Transfer of interest information
Migration object INTCASHDEP.
This object generates the necessary interest document for credit
originating from cash security deposits.
The interest document is not linked to the SECURITY, but the PAYMENT on SECURITY.
The interest is the amount the power company has to pay back on top of the original payment when the security (payment) is returned to the customer.
Yep
Jürgen -
Security Deposit by Distributor - How to deduct TDS
HI SAP Gurus,
Could you please let me know the procedure that is followed in SAP for the below scenario
Actually the user need to give Interest on Security Deposit by Distributor - where in i need to deduct TDS.
The Distributer her is customer and he wants to know the exact process that is followed for this scenario.
Regards.
Edited by: Gabriel Borde on Sep 21, 2010 8:02 AMHi,
You can create the below:-
(1) Setup the interest calculation indicator for customa arrear
(2) Then post that interest calculated on the custom account itself (Customizing OBV1). (If the customer is assigned to the WHT code in customer master, system will deduct the WHT on interest to customer.)
Regards,
SDNer -
If i change my Verizon plan will it effect my security deposit?
if i change my verizon plan will it effect my security deposit return after a year has passed.
I know receiving a refund for your security deposit is important MRM6M! We offer the flexibility to change your plan at anytime, without affecting your agreement or your security deposit refund! You will receive a refund for your security deposit, plus interest with 12 months of on time payments.
Sincerely,
JonathanK_VZW
VZW Support
Follow Us on Twitter@VZWSupport -
Security deposit contract creation
Hi Gurus,
while creating security deposti contract(z001 contract type) it asking contract number to enter even though we have given internal number range.
We have implemented EHP5.I am testing in quality.
we given internal number range in contract number range.
Please help on this.
Thanks
Regards
Sasikanth.Hi Srini,
The following error it is displaying while creating security deposit contract..
"Secur.Deposit Contract" not allowed for security on contracts of type "License Agreement-Retail"
I entered the main contract..its showing above error.
Can you please help on this..
Thanks
regards
Sasikanth.
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