VAT Accounting Mexico

[Former Member]

Hi Gurus,

When an invoice is created through LIV process(MIRO) , there is a posting to a VAT unpaid account, so for example

Vendor Cr 1000, purchase a/c Dr 900, Vat Unpaid A/c 100 Dr.

Requirement is that when the payment is made through F110, the needed entries should be

Vendor Dr 1000, Bank Cr 1000, Vat UnPaid A/c Cr 100 , Vat paid a/c Dr. 100

How can i accomodate this in F110 (payment run),

Is there any userexit which can be used .

I tried do the payment run for a vendor invoice , whch returend an error stating that the config in transaction OBYS is missing for withholding tax.

When i configured the account , the payment run did go through , however not with the desired entries.

Your early replies would be greatly appreciated.

Thank you

[Former Member]

Hello

Deferred tax payments in Mexico are slightly different and need to be customised.

Check the input tax code parameters.

Check the words VAT MEXICO in SAP Library and there is plenty of documentation available.

Regards

Suresh

[Former Member]

Hi ,

Please be specific about input tax paramteres . Searched through all the tools available , couldnt find any documentation .

Is this an example of deferred taxation ?