VAT input tax for Hong Kong
Hi Gurus,
I need to configure VAT AP for Hong Kong and I dont see Standard SAP has Hong Kong tax procedure (I may be wrong) so does anyone has already configured VAT for Hong Kong? or Anyone knows how to configure VAT AP for Hong Kong?
Regards,
Bob
Dear Jeyakanthan,
I need to bother you again !
1)Yes the tax code hasnt been assigned to company code.
2) i am not able to chek validity period from FV12 and when i try to chek it thru MEK2/MEK3 I get the error message that condition type "JVRD" is not defined.
Kindly Suggest.
Regards,
apurva
Similar Messages
-
Business area as a req..field for vat input tax g/l
in fs00 . we set the additional account assignment for field like suppress req. entry,opt. entry..i want to know for which general ledger it will be required...?
actually in our system for (vat input tax ) gl business area it is not mandatory field ...or when i check the line items for this general ledger business area wise ...it displaying for all business area...
so tell me if i set it as req. field,then will it be right or not?
Thanks & Regards
Rekha SharmaHi,
To my understanding taxes are always posted without a business area. System makes transfer postings from tax account to business areas for the income and expense account. A balance sheet adjustment is carried out according to business area if 'Business Area Balance sheets' has been activated in company code global parameters(OBY6).
When you post a document the system determines this document and notes for the adjustment. Documents noted during posting are calculated for the adjustment. The system calculates the adjustment according to the account assignments. Execute F.5D(programSAPF180A) reads the marked documents, calculates the necessary adjustment postings, and updates these in its own database tables. After that execute F.5E(program SAP F180) reads the adjustment posting tables and on this basis posts the accounting documents required.
For example you posted on customer invoice:
Customer A/c Dr 1150(Accts Receivables)
Revenue A/c1 Cr 600 (BA-1)
Revenue A/c2 Cr 400 (BA-2)
Tax A/c Cr 150
During the Balance Sheet Adjustment the system divides this tax entry by business area wise
Tax A/c 90(BA-1)
Tax A/c 60(BA-2)
You cannot run balance sheet adjustment without activating the 'Business Area Balance Sheets' at company code global parameters.
Hope it will clear your query.
Regards,
Krishna Kishore -
Travel management: Input tax for each travel expense
Dear forumers,
I've got the following problem with input tax.
I activated input tax for my country variant in Customizing IMG Global settings for each trip provision variant, second option "Input tax per trip expense type".
I also put the tax code to each travel expense which should be taxed.
But still amounts are not posted in FI with input tax codes.
When I tested the situation in Testing system, everything worked fine. Then I did the same customizing in Development in order to transfer to Production system and copied requests to Testing. And from that moment, amounts are posted to FI without taxation even in Testing system. Don't know, what went wrong 'cause everywhere I did the same manipulations.
Can anyone help me to solve the problem?
Best regards,
Eldar.Hi
what is the rule in schema?
i had similiar problem, i.e. the tax code is not updated in the FI document.
can you advice what might go wrong?
thanks in advance! -
Does anyone know which power cable type/standard being used for Hong Kong? I am working on a bill of materials that includes the following switch and router models:
3750 (non-poe), 7201, 6509, 2801, & 7600.
I think the part number is CAB-ACE.
Thanks for your time.Hong Kong power outlets is Type G or BS 1363 (British 13A/230-240V 50 Hz earthed and fused). Therefore the power cord is CAB-ACU=
If you want one with right angle, you can order CAB-ACU-RA=
CAB-ACU= is for used in the following countries:
England, Antigua and Barbuda, Falkland Islands, Bahrain, Gambia, Ghana, Gibraltar, Bermuda, Grenada, Botswana, Brunei, Guyana, Burma/Myanmar, Hong Kong, Iraq, Ireland, Cannel Island, Isle of Man, Jordan, Kenya, Cyprus, Kuwait, Dominica, Lebanon, Liberia, Saint Vincent, Seychelles, Sierra Leone, Singapore, Malawi, Malaysia, Malta, Sudan, Mauritius, Montserrat, Tanzania, Trinidad and Tobago, Nigeria, North Ireland, United Arab Emirates, United Kingdom, Oman, Wales, Yemen, Qatar, Zambia, Saint Kitts and Nevis, Saint Lucia, Zimbabwe -
Tax Code 1 Field in MK01 for Hong Kong and Germany
Dear Experts,
We have to create Vendors belong to Hong Kong and Germany in MK01 and while creating vendor it is necessary to put tax code 1 under the Tax Information Tab.
Usually we can see in SAP which tax code would be consider as Tax Code 1 but for these country we are unable to see as these 2 coumntries are not in list .
Looking for your help.
Thanks in AdvanceHi friend.
SAP allows only minimum ca rectors,
But you have to prepare the Excel sheet and Send to the User and show your Blue print Copy
Thanks and Regards
N.Soma Sundaram -
Input taxes for zambia, southafrica
Hi Consultants,
Does anybody know how to configure the input taxes flike customs,excise & vat or zambia country, south africa. If any has some document kindly requesting you to forward me.
with regards
GNKHi Narendra,
You need to understand the business of the Compnay's located in Zambia & south africa. I agree there taxation rules will be different.
You can get in touch with the finance business users & check their tax calulations ins the Leagcy system. Once you understand their process, then you can create the Procedure.
In SAP we have a standard taxing procedure TAXZA - Sales Tax - South Africa
Check this one in OBQ3. you will get some idea on the Calculation.
Taxes are usually either maintained as Taxcode with rates in FTXP or Condition records maintained in FV11 for Condition based taxing.
Hoepe this helps
Thanks & Regards
Kishore -
Are Student Editions available for Hong Kong?
And are there resellers for student edition licenses in Hong Kong/China?
Unfortunately, you are far from the only ones having this problem. See for example this post:
http://discussions.nokia.com/t5/Software-Updates/Nokia-603-700-or-701-without-FP1-please-post-countr...
You will see there that I have found users posting similar problems from The USA, Colombia, The UK, Italy, Germany, Hungary, Romania, Slovenia, Macedonia, Israel, South Africa, Taiwan Australia, New Zealand, Hong Kong and the Philippines.
So far as I can tell, Nokia is still plugging the FP1 upgrade on its web site in all these countries except Hong Kong and Taiwan, where it was shown as available until very recently, but where reference to it has recently been removed.
Keep pressing.
Good luck
Alan -
Does anybody know the name of the artist who the played the guitar for the N series advert shown in Hong Kong.
Have you tried asking Nokia via the contact us link above right?
-
603 FP1 is not available for Hong Kong...
Dear Nokia,
Please have someone look into it. It supposes to be out there for awhile. but it still show v111 is the most update.
Thousand thanks in advance.Unfortunately, you are far from the only ones having this problem. See for example this post:
http://discussions.nokia.com/t5/Software-Updates/Nokia-603-700-or-701-without-FP1-please-post-countr...
You will see there that I have found users posting similar problems from The USA, Colombia, The UK, Italy, Germany, Hungary, Romania, Slovenia, Macedonia, Israel, South Africa, Taiwan Australia, New Zealand, Hong Kong and the Philippines.
So far as I can tell, Nokia is still plugging the FP1 upgrade on its web site in all these countries except Hong Kong and Taiwan, where it was shown as available until very recently, but where reference to it has recently been removed.
Keep pressing.
Good luck
Alan -
Blackberry OS 10.1 for Hong Kong
When does the Blackberry OS 10.1 ready in Hong Kong?
@dannykwong
it depends on your carrier.
The search box on top-right of this page is your true friend, and the public Knowledge Base too: -
How normally Supplier VAT (input tax) handled in Accounting point of view?
Dear Experts,
We have a scenario for one of our Group companies to handle Tax entries.
The mateials imported have to be charged with VAT 10% and to be paid to Government not to vendors. Is it possible to handle it thru tax procedure? Thru PO pricing procedure we are able to handle it. But the client talking about Tax procedures.
Example of complete purchase cycle.
Total material Price 1000
Frieght 200
Now the Tax 10% to be applied on the CIF price (material price + Fright i.e. on 1200/-)
How accounting entries for Goods receipts to be created, whether the tax amount will be updated to material cost?
If not what are accounting entries normally to be created during GRN?
What entries to be created during LIV?
Thanks in advance.Dear Sangravi,
This can be done in the following way..
Create a vendor with the name of government for VAT.
In pricing procedure create a condition type which acts on the cumulative amount of CIF (i.e. cost, insurance or Freight) which is of percentage calculation. consider this as of type "delivery condition" then automatically the cost incurred will be posted on material.
while creating PO, enter this condition type in condition tabs with the created vendor condition detail screen.
Make a GR, then we need to do Invoice verification for this by taking "delivery cost".
Payment will be made for the same by accounts department.
Note:
1. For the same if you want the system to hit different G/L account instead of GR/IR account you can maintain it by creating a new Account reference and maintain the same with required G/L account in OBYC. Feel free to ask any questions on this.
2. The only extra step or burden for the user is he need to create a Delivery Invoice though he will not receive any invoice from the government. Where in he can maintain any internal reference in the reference field of the Invoice through transaction MIRO.
Regards
Lakshminath Gunda. -
As topic said
iTunes Gift Cards are only Valid in Country of Issue.
You can Contact iTunes Customer Service and request assistance if you like...
Use this Link > Apple Support iTunes Store Contact
Good Luck. -
ITunes does not work for Asia ( Hong Kong )
I just purchased my first iPod Nano ( 2nd Generation) was was told by store staff all I have to do is register and download apple itunes software and then I could download MP3 songs from iTunes...paying for songs of course.
I was shocked to learn that iTunes does not work for Hong Kong residents, nor does napster,yahoo music unlimited, etc.
I am a Canadian living in Hong Kong, so can not read write or understand chinese, does anyone know of a English subscibtion mp3 download service that works for Hong Kong, and not emusic, tried that one, not for me .
Please Help !
BullDogHKDo you still have a Canadian credit card and Canadian billing address? If so, you should still be able to use the Canadian store.
-
K1 - Problem to set language to Chinese traditional hong kong
Dear lenovo,
my k1 is default with Chinese traditional (Taiwan) and this happens the Market comes with software with Taiwan. since I am locate in Hong Kong, could you tell how to change the language to Chinese Traditional Hong Kong. As I can,t currently download those software specific for Hong Kong region.
Thanks.
Solved!
Go to Solution.The language is set in Settings - Language and input. You should see 2 chinese languages - simplified and tranditional. If not, you may have to update ROM to latest and check again.
Also, check you ROM build. Should ended with HK. -
Hello,
We are looking to implement SAP at our Hong Kong location. I was looking up if there was SAP provided template pricing procedure for Hong Kong and could not see one. There is one for china RVAACN. Does anyone know if there is one for Hong Kong and if there any specific tax related conditions for Hong Kong.
THanks,
padmaDear Raghu,
Please go through the OVKK transaction there you can find how many pricing procedure assigned to your sales areas.
I hope it will help you
Regards,
Murali.
Maybe you are looking for
-
Can't get mail after OS X 10.7.4 update
After installing the recent OSX 10.7.4 update I can't receive email. I get a message saying; "The iCloud IMAP server "p02-imap.mail.me.com" rejected the password for user "jjmorana" I tried going back in Time Machine to uninstall the update and got a
-
I am a little tired of having to shut down my computer every time I am asked to shut down a screen in Firefox which is still running. Can anybody help please?
-
Stupidest question ever - how do you do an "and" search in Dreamweaver MX
OK I know this must be easy I want to search a large site (circa 3,500 files) for "google" and "key=" in the source code to try and track instances of an out of date Google maps API key. How the heck can you do this? I have tried using various regula
-
There is "not enough memory" in excell for me to save a new document
i have a 10.9.2 there is currently 51.8MG in excell the file i am working on is 2.9MG. but when i go to create a new sheet with a pivot table a message comes up saying "not enough memory" i went to try and increase the memory and found that there is
-
If i download itunes 10.5.1 will it erase everything in my itunes library?
I need to transfer all of my music in one itunes account on to a different itunes account on our other computer. I want to do this by plugging in my Iphone to the first computer, downloading my music, and then plugging it into the sencond computer an