Tax code

[Former Member]

Dear all,

Can anyone tell how to create the tax code i.e. procedure..

Thnks & Regards

SAP Beginner

[pankaj_singh9 · Accepted solution]

Hi,

Create Tax Code in FTXP

Enter T. Code FTXP, Enter Country as IN and then Enter the Tax Code you want to create press Enter

Now enter Description, Tax Type as "V" Input tax and press enter

Now maintain the % against the condition type which you want to use and save.

Then maintain the Tax A/c Determination in OB40 for the relevant A/c Key.

[Former Member]

Hi,

Create tax code in FTXP. Select existing one & copy rename new tax code.

Then u have to assign this tax code to company code setting

Img - logistics general - tax on goods movement - india - determination of excise duty - condition based excise determination - assign tax code to company code.

Pandari

[kunal_ingale]

u can create it in ftxp

have look in below link

http://www.4shared.com/file/30654921/44e1737/00017-FI-GL-Define_Tax_Codes_for_Sales_and_Purchases-SA...

regards

kunal

[former_member192897]

Go to FTXP Trxn code and Input Tax Code (Start with Z) and Specify Country IN and Enter then in Next Step Enter TAX Code Description and Select Tax Type (Whether Input or Output) and in Next Screen Maintain the Tax Percentage % against the Condition type and Save.

Regards,

Ashok

[former_member581212]

hi,

To create your own tax codes, in Customizing for Financial Accounting, choose Financial Accounting Global Settings -->Tax on Sales/Purchases-> Calculation -->Define Tax Codes for Sales and Purchases.

Then use FTXP...

Hope it helps..

Regards

Priyanka.P

AWARD IF HELPFULL

[Former Member]

use customisation spro

financial accounting(new)financial accounting basic settingstax on sales/purchasecalculationdefine tax codes for sales and purchase

regards

points if solved/helpful

regards