Error while releasing the Billing Document to Accounting.

[Former Member]

Hi All,

I am getting the following error while releasing the Billing Document to Accounting.

Tax code OT does not appear in any G/L account item

Message no. FF753

Diagnosis

The document entered contains a customer or vendor item with tax code OT. This does not occur in any of the G/L account or asset items.

Consequences:

If you have not entered the cash discount base manually, the system will set it to zero in this item.

If this item was paid with cash discount deduction and the cash discount amount contains a tax portion, the tax code entered is used for the backdated tax calculation. An automatic breakdown does not take place on the basis of the offsetting items.

Procedure

Check whether the tax code was set correctly. If necessary, correct it or enter "**".

There are, however, also situations in which it makes sense to enter a tax code manually which differs from the offsetting items, for example, during data acquisition.

Effects on Customizing

You can define when this system message is to be issued in accordance with your requirements.

You do this in Customizing as follows: Cross-Application Components -> Bank Directory -> Change Message Control.

The application area and message number can be taken from the technical documentation

Please find enclosed my Pricing Scenario.

ZG00 Gross Price- ETA 1,000.00 YER 1 BAG 1,000.00

Gross Price 1,000.00 YER 1 BAG 1,000.00

ZWS1 Gross Deduction Pr 5.000- % 50.00-

Total deduction 50.00- YER 1 BAG 50.00-

Net Value 950.00 YER 1 BAG 950.00

ZAVC Actual Value 100.000 % 950.00

MWST Output Tax 5.000 % 50.00

Actual Value 950.00 YER 1 BAG 950.00

VPRS Internal price 852.58 YER 1 EA 852.58

Profit Margin 97.42 YER 1 BAG 97.42

____ ____________________ ________________ _____ _____ ___ __________________

My Gross Price is inclusive of Tax, hence I have done the reverse calculation here reducing 5% from Gross. Hence my Net Value is 950 US$.

I have charged Output Tax 5% on Gross Price ZG00 i.e. 50 US$.

Hence my Invoice Value will be 950US$ + 50 US$ = 1000 US$.

Please check and let me know whether my Pricing Calculation is correct.

Suggest me the solution to release the Billing Document to Accounting.

Thanks,

Parag.

[Lakshmipathi · Accepted solution]

Check note 112609 or 495737

thanks

G. Lakshmipathi

[Former Member · Accepted solution]

Hi Lakshmipathy,

Thanks alot for your reply.

As my price is inclusive of Tax. I have removed the Alternative Condition Base Value 16 from the Pricing Procedure in MWST as it calculates the Tax on Net Value. Have you checked my Pricing Calcuations I have posted.

Thanks,

Parag.

[Mrinal_K_Roy]

Hi,

Check FTXP has been maintained with the corresponding tax code.

Regards,

Mrinal