Tax code linkage to company code
Hello Experts,
I would appreciate if you could help clarify an concept of tax codes and its relation to company codes.I understand that when we create tax code they are country specific. for e.g If we have multiple comp codes in an country and we create new tax codes for that country how are they linked to all company codes .Where is the linkage for them.
appreciate your reply .
Regards,
Amy
Hi,
Well, you need to write validations to restrict the use of tax codes at financial accounting line item level.
Create validation at GGB0
Activate validations in company codes at OB28.
Your validation could be like below.
Prerequisite: BSEG-BUKRS NE 'ABCD'
Check: BSEG-MWSKZ = 'BLANK'
Message: Put an error message like USE OF TAX CODES NOT ALLOWED FOR THIS COMPANY CODE
Hints:
ABCD is your company code, where tax codes can be used
NE means not equal to
remove BLANK and just put two coluns
You need to activate this validation to all of your company codes.
Regards,
Srinu
Similar Messages
-
Transfer posting of tax in a cross company code transaction thru' RFBUST10
Hi,
I have a doubt regarding using the program RFBUST10 transferring the tax in a cross company transaction.
I have posted an invoice entry as below and I want to transfer the tax posting of 7.00 from company code 1 to company code 2 using the program RFBUST10.
Cr - 31 - 3rd party vendor - total amount of invoice co code 1 - 214.00
Dr - 40 - expense account - 100.00 co code 1 - C7 (Tax code at 7%)
Dr - 40 - expense account - 100.00 to co code 2 C7 (Tax code at 7%)
I have successfully posted and the tax amount of 7.00 is also transferred from company code 1 to company code2 but now I have 2 problems:
1) The program (RFBUST10) is permitting to transfer tax for the same cross- company code document multiple times. Please let me know how to track whether the cross company code document is already processed for transfer posting of tax.
2) In the transfer posting document as below ,the tax code in the first line item (clearing account) is defaulted to C0 , I would like to know from where this tax code defaults, I have not maintained the default tax code in the GL master.
Dr - 40 clearing Account 107 - C0 (tax code 0%)
Cr- 50 clearing account 100 - C7(tax code at 7%)
Cr - 50 Tax account 7 C7
Please let me know how to resolve these issues.
Tks
SShi venkat sri,
gud day, did you manage to solve the transfer intercompany tax using program RFBUST10? Could you share the solution?
Looking forward for your reply.
Regards,
Jay -
Set tax departure country as company code country and not plants country
set tax departure country as company code country instead of plants country, where do we configure this, plz let me know
Hi,
Check if yours C-Codes in F110 are in same Country.
Go to SPRO:
Enterrprise structure - Definition - Financial Accounting - Edit, Copy, Delete, Check Company Code - Edit Company Code Data.
Regards -
do we have one corresponding tax company code to one company code or can we have different or any number of tax company codes?
Hi Arveen,
Check calculation procedure using T.code OBYZ(IMG > Financial Accounting> Financial Accounting Global Settings--> Tax on Sales/Purchases --> Basic Settings -
> Assign Country to Calculation Procedure.)
Select new entries--Enter tax procedure for India TAXINN-TAx procedure INdia
Save.
Use T.code OBBG....select position...enter IN....against that assign the tax procedure created above and save.
Hope this resolves.Let me know if you still encounter problem.
Thanks
Aravind -
GL code for common company code
Hi
Please suggest the solution in following situation:-
Situation:- we have 10 company code with common chart of account. first we have created one company code (say 1000) and rest we have created with reference to first company code (say 1000). thru this process, all relevant data get copied in all company codes.
Problem:- Some of the GL code is company specific like bank and tax GL. The movement we are creating GL code for first company code (say 1000), it is automatically available in all company code created with reference to first company code.
Expected solution:- how can we avoid the same. one solution we have which is mark for deletion for unwanted GL. But mark for deletion GL also appear in F4 selection list which is creating confusion for user.
Please suggest the possible changes.
Regards
DDhi,
after coping GLs from company code 1 to Com cod 2,please delete the unwanted GLs from CC 2 with transaction code OBR2.
at company code level only you have to delete those GLs
thanks in advance...
Srinu -
Copy company code to new company code
Dear Experts,
Please guide me what are all possibilities an implication,
1. if i copied from one existing company to new company code, what are all it will copy from source to traget?
2. it will copy configuration also ?
3.my old company we have many plant in new plant that are all i don't need all only few i need.
Please guide me
Regards
ChanduHere is the list you can choose from as per your requirement.
FICO Config - GL OX15 Define Internal Trading partner
FICO Config - GL EC01 or OX02 Copy company code / Company code Setup
FICO Config - AP OBBG Assign Country to Tax Calculation Procedure
FICO Config - GL OX16 Assign company code to Company /Internal Trading Parnter
FICO Config - GL OX08 Maintain Purchase Organisation
FICO Config - GL OX01 Assign Purchase Organisation to Company Code
FICO Config - GL OB62 Assign Company code to chart of Accounts
FICO Config - GL OB37 Assign company code to Fiscal year variant
FICO Config - GL OBBP Assign posting period Variant to Company Code
FICO Config - GL OBA4 FI Tolerance Group for User
FICO Config - GL OB72 Create Cross-System Company Codes
FICO Config - GL OBV7 Assign Cross-System Company Code to Chart of Accounts
FICO Config - GL OBB5 Assign Company Code to Cross-System Company Code
FICO Config - AP AR OBA3 Define Tolerance (Customer or Vendor)
FICO Config - GL OB57 Assign User Tolerance Group
FICO Config - GL OBY6 Company Code Global Parameters
FICO Config - CO OX19 Assign Company Code to Controlling Area
FICO Config - GL OBYA Inter Company code clearing
FICO Config - GL SPRO or SM30 - V_T001A Define additional currency for lead ledger
FICO Config - GL Check if Non-lead ledger is to be maintained if yes maintain it
FICO Config - GL SPRO or SM30 - V_FAGL_T882G Define setting for Non-lead ledger
FICO Config -AP OBCL Assign Tax Codes for Non-Taxable Transactions
FICO Config -AP SPRO or SM30 - V_T001_EXT Enable EWT for the country to enable cross company posting
FICO Config - AP SPRO or SM30 - V_T001WT Assign Withholding Tax Types to Company Codes
FICO Config -AP OMKN Assignment of Tax Indicator to Plant
FICO Config - GL OB53 Retained earning account should have auto-post in GL master
FICO Config - GL OB28 Validation
FICO Config - GL OBBH or GGB1 Substitution
Master Data FS00 or FS15 Extend all GL accounts including cost element to new company code
Master Data KA01 Cost Element
Master Data OKEN Addition of cost center/Cost Center Group in Standard Hierarchy
Master Data KCH2 Addition of Profit Center Group/Profit Center in Standard Hierarchy
Master Data XK01 Create/Extend Vendor Code to new Company Code
Master Data FD15 or FD01 Create/Extend Customer Code to new Company Code -
Need to transfer more than 150 employees from one company code to another company code
Dear Sir/Madam,
I am new in SAP HCM . We need to transfer more than 150 employees from one company code to another company code due to some business requirement. Please suggest the process of transfer from one company code to another company code considering the other element like gratuity , leave entitlement, Bonus , Exgratia etc.
Your quick response will be highly appreciated.
Thanks & regards,
Babuna Ray
Mob:- 9007295305
[email protected]Dear,
do not transfer employee from one company code to another issues are as under.
1. Employees Form 16 you will get wrong value as per I Tax law because of company is having different PAN & TAN.
2. Form 24 Q annual return data will not get properly/easily from SAP because of form 24 Q will run on Payroll area base/ company code base
3. PF number is different for these 2 company codes then you are unable to submit annual return.
4. If employee will get hike after the transfer case then system will post expenses period wise means if employee is having 2 different cost center related 2 different company codes posting will done as per this scenario is it accepted to Account Depatment? it is reflected in FICO through KSBB how can they manage expenditure which is related to previous month?
Like this many points are there you have to study it and then suggest to your client.
Regards
Subhedar
9158881202 -
Same vendor code for multiple company codes
Can we have same vendor code for two different company codes ?
Yes u can use same code of vendor in different company code
only u will have to extend this vendor code to other company code in xk01
this is possible as number range is set on vendoe Account group
and same vendoe code and be used in 2 or many different co codes with different company code data
hope this helps
Edited by: Umakant Bhangale on Oct 11, 2010 5:35 PM -
Changing controlling area from single company code to cross company code
Hi,
Due to my client requirement, in the middle of the year, we need to change the controlling area from being same as company code to cross company code controlling area. Although the currency is same. We are going to create a new company code. Is the changing controlling area settings possible to do? what are the precautions and changes need to be taken?
One more question, we need to change the company code when the new company code is created in the system in Cost Center Masters in the middle of the year. Is this possible after changing controlling area from single company code to cross company code. Right now company code is not appearing in the cost center master.
Thanks & Regards,
SaidaraoHi,
If both companies having transaction data its not possible,Normally before defining Organisational Strucutre only we have to deside both companies is assigning same controlling are or have to maitain separately for this we have to compare the Fiscal year,Operating chart of accounts ,if both having same then we will assign both the company codes to one controlling area if these two companies having different currencies also its not a problem.When we creating Controlling Area we have to choose option of controlling area as same company code (if one company code one controlling Area) for example if you assigning two companies then we have to use cross company code cost accounting.If u need any further information let me know.
Regards,
Satya -
How to activate Compny code validation ( cross company code)
*Hi ,*
*We migrated classic GL to New GL before one month Now*
*I am rollout new company code, after completed all configuration I found uncopmplit configuration of company code validation is not active in controlling area config ( Transaction Code- OKKP) , which is related to cross company code ( Indicator for company code validation )*
*can anybody provide solution to activate company code validation*
Thank ,
JeetendraHi ,
I want to activate company code validation for cross company code still it is inactive
without activation I can not use cross company code for costing
Edited by: jitu konde on Jun 15, 2011 9:38 AM -
Material transfer one company code to another company code
Dear All,
I want to transfer some items to one company code to another company code. Please suggest me the process.
Regards
Vimal
Note : Please search forum before posting.
Edited by: Jeyakanthan A on Dec 26, 2011 1:25 AMThis has been discussed on this forum million times...please search on this forum before asking generic query....
inter company code material transfer -
CJ718 - Currency in requesting company code must be company code currency
Hi Colleagues,
I need to define in the WBS element "Requesting cost center field" in (CJ20N tcode) the cost center with different currency and controlling area, howerver the system does not allow and the follow message was showed "CJ718 - Currency in requesting company code must be company code currency".
I would like to know, is this possible? How can I do it?
Kind Regards,
Lima, Vanderlin.I dont think this is possible. Read this Note 201049 - Different company code currencies in WBS element , This note doesnt solve your purpose it is to correct if system allows you to assign different company code currencies and it clearly says that if you have different company code currency in a WBSE then you will have problem in settlement, so this is not allowed.
-
How to grant the access t-code : BP by company code or by country
Dear Sir,
Please kindly advise how to add the authorized to grant to access the data in T-code : BP by company code or account group??
Thank you and best regards,
VimolHi Vimol,
Please check the transaction code: SU22.
Give transaction code as "BP".
and execute.
It will list all the authorizations objects of transaction code: "BP"..
Depending on ur requirement, u can choose the object.
I hope it helps u.
Regards,
Sri. -
Copy data from 1 company code to another company code
hi friends
my client has 3 company codes but now they want to close one company code for that they want to copy data from one company code to another company code after copying the data they want to delete that company code
i am fresher to sap(fico) please tell me the solution for this,
1) what is the process of copy from one company code data to another
2) what is rules and integrations for thatCompany Codes are the individual identity and we have to give accounting details (Balance Sheet and Profit and Loss account) to statutory bodies so deletion of Company code or coping data from one to another is not posible and not suggested too.
Expalin your client to block all the transaction in one company code and transfer all the closing balance as per trail balance, open Purchase orders, open Sales orders, inventory valuation to another company code and start doing trasaction there.
This is the only solution as per my knowledge.
Uttam -
More than one Paying Company Code per Sending Company Code
This is related to numerous previous threads, but never has there been a final answer.
Scenario: One company that pays for it's own expenses, but certain expenses is paid for by the parent company. SAP only allows one paying company per sending company. We would thus like to use different payment methods to pay via the different company codes.
Some of the suggestions has been to use BTE 1860/1830 or sample_process_00001860, but no-one has ever confirmed whether this actually works or not.Hi,
Company Code 1 pays for the invoice booked in Company Code 2. This calls for cross company code transaction. When we say cross company, it means we need to create a Reconciliation Account which will have those transaction posted which are cross company
Let me give you accounting entries:
1. Invoice Booked in Company 2
Dr. Expense / Stock
Cr. Vendor
2. Payment of above invoice made by Company 1
Dr. Reconciliation Account
Cr. Bank
Simultanseously, in Company Code 2
Dr. Vendor
Cr. Reconciliation Account
The companies has to settle this reconciliation periodically.
For doing the above, following are the customisation:
T.Code: OBYA for assigning the reconciliation account
This account can be a GL / Vendor / Customer
T.Code: OBVU In company code 2, we will assign paying company as 1.
Hope the above helps, if yes, please assign points.
Regards,
Harish
Maybe you are looking for
-
Hi Gurus We have Dev,QA and Prod system. I have assigned task to do new developnment as and when required by Query developer so would you pl advise if I need to start from Dev >>>QA>>>Prod? When I should transport the new dev to QA? Do I need to do s
-
im having trouble seeing my hard drive. please help
-
Firefox 7.01 freezes. Console log included for narrowing down.
Corporate environment running Macintosh OSX 10.6.8 and Firefox 7.0.1. Zimbra webmail web page loaded and works as long as user is using Firefox. When user steps away for a bit (maybe 10-50mins) they return to Firefox spinning beachball. I don't think
-
Help on installing/opening Microsoft office 2011 v14.0.0 on Mavericks
Hello Mac Users! I have updated from Snow Leopard 10.6.8 to Mavericks few days ago. I have a previously installed Microsoft word 2011 on my 10.6.8. After the upgrade to Mavericks, I am unable to open word, excel etc. and get a notification that " Ch
-
Moving preferences from local to domain account
I've been given the task of adding a handful of Macs to an AD domain. So far I've added 2 with no issues. My problem is this: all of the Macs have been in use for months or more and have local accounts on them. I'm looking for a way to bring my users