New tax code ..?
Can anybody explain me how to create new tax code and what are configuration i have to do for this.
for example ED 14% + Ecess 2% + SEcess 1%+ CST 3% With Form C.
Priyanka Paltanwale replied
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.
hope it helps..