VAT percentage change

[Former Member]

Hi,

We have several POs with VAT tax code assigned to it, we wanted to change the VAT % form 13.5 to 14 can some assist on this.

What is the procedure to change the tax %, should the % be changed in FTXP for the existing tax code and will the changes reflect in all POs or should we create a new tax code with new % and assign it to all the POs again.

Request you to guide me

Thanks,

Chandru

[murugan_mgl]

When the tax % changes it will be applicable from a particular date only.So it is not required to change the % in the PO.

Create a new tax code in FTXP.

But if u want the % to be calculated as per new value for old PO's ,then u have short close & recreate them

[former_member187989]

Refer note 1435105 for all your queries.

[Former Member]

Hi,

In previous PO See ,,,What is the condition type for VAT

Then goto T-code - FV11 enter your condition type In menu click condition > Change(F8) > Select key combination

then enter tax code

It will show the previous 13.5% change 14% &

Save it

**yPS***

[Former Member]

Hi,

I have changed the tax % in t.code FV11, the problem is 13.5% is calculated at the time of MIGO and balance 0.5% at the time of MIRO. Is there any way that the entire 14% can be calculated at the time of processing MIGO instead of MIRO?

Thanks,

Chandru

[Former Member]

Hi,

That is system limitation as PO creation date is beyond validity date of condition record maintained. it will same

But during MIRO system fetch data as per validity date of condition record maintained. It will not any impact.

Even if you try to create next line item in the existing PO as date is at header level hence it will again behaves in the same way.

Either you can just change condition record using FV12 with appropriate key combination and enter new rate with current validity date system will picks the correct rate during MIRO or you can short close the PO and create fresh PO to have new VAT duty as per current condition record

Rgs

[JL23]

you should create a new tax code.