define valid tax code
While posting a vendor invoice through fb70, i am trying to assign the valid tax code.
But when i put in the tax code it is not accepting it.
My tax code is not showing up in the list.
i have checked the following steps for the tax configuration:
a) DEFINED TAX CODE FOR SALE AND PURCHASE FTXP
b) CREATE A PURCHASE A/C FS00
c)CREATE A VAT INPUT A/CFS00
d) DEFINE TAX A/COB40
1) Did you activated 'plants abroad' in customizing?
this setting is in Financial accouting->financial accounting global settings->tax on Sales/purchases-> basic settings->Plants Abroad->activate plants abroad.
If you have activated 'Plants abroad' (cross client setting) and
2) is your company code in table T001N?
If both replies are YES, then the tax code in transaction FTXP needs that the field 'country for tax return' T007A-LSTML has the same value as the country of your comapny code T001-LAND1
I hope it helps