Config steps for TCS (Tax collected at source)

[Former Member]

Dear All,

Can somebody please help me with the config steps for Tax collected at source (TCS) in SD module.

We have following three TCS :

1) Tax collected at source ( Basic) - 1 %

2) Tax collected at source (Surcharge ) - 10 % on TCS Basic

3) Tax collected at source (Ecess + HEcess) = 3 % on total of (1) & (2) above.

In nutshell, the total TCS of above three comes out to be 1.133 %.

Thanx & Best Regards,

Pankaj

09924090616

[former_member346047]

Hi

SAP has come out with note no. 1168591 in this regard

Regds

Rajesh Gupta

[Former Member]

Hi,

I think you must be configuring Scrap sales process where TCS is required.

You just need to define a new condition type (eg: ZTCS) in your pricing procedure.

Furtehr this conditon should be applied on the total invoice value (Basic + Excise + Tax), value which froms your commercial invoice value.

So TCS condition will be the last condition in your pricing procedure. You can have a simple access sequence for TCS like SO + DC + Customer ...etc.

Finally maintain conditon record of (eg: 1.13) as you require.

Finally you need a different GL account to post the TCS amount - (eg: TAX COLLECTED AT SOURCE)

Further part with FI team to run TCS report & the TCS certificate.

Thats it...

Hope this helps you.

Regards,

Dhananjay