Payment scheme-Control parameter tax code, Category

[Former Member]

Hi everyone,

      I have two questions.

     1.     What is the use of tax code that we specify in the payment scheme?

     Also, is it possible to explain the below statement, which I found in the F1 help of the tax code field.

     "    

All budget billing requests that are used to clear a receivable that has been transferred to the payment scheme from consumption billing, must be created      with a VAT rate of zero percent. To do this you must define a specific tax code in Customizing for SAP Utility , under Invoicing -> Budget Billing Plan -> Payment Scheme, and enter it in this field.

Use this tax code exclusively for budget billing requests. If you require a tax code with 0% VAT rate for another function, you must define another code.

All budget billing requests that are used to clear a receivable that has been transferred to the payment scheme from consumption billing, must be created with a VAT rate of zero percent. To do this you must define a specific tax code in Customizing for SAP Utility , under Invoicing -> Budget Billing Plan -> Payment Scheme, and enter it in this field.

     "

     2.     What is the use of the 'Req. Inv' flag in payment scheme category?

Regards,

Joshua.

[AmlanBanerjee · Accepted solution]

Hi Joshua,

Please find my responses as follows-

(a) The tax code in the payment scheme is used for the extrapolation document.

Since the amount of the open item that is copied from the relevant sample line is a gross amount,

the tax amount is calculated based on the tax determination code taken from the extrapolation

document and defined in the sample line during creation of the statistical request.

Any tax changes that occur between the creation of the payment scheme or creation of the last periodic/interval bill and the creation of the statistical payment scheme requests are taken into account. However, the gross amount remains unchanged.

(b) If you set this indicator, all statistical request lines with a due date that comes after the current date and before the date of the next planned interim or periodic billing are generated when an interim or periodic billing is invoiced.

If the payment scheme was adjusted during the interim or periodic invoicing, the request lines are created with the new payment scheme amount.However, if the adjustments cannot be made as a result of the amount limit checks, the System creates the requests line with the old payment scheme amount.

Hope it helps...

Thanks,

Amlan

[Former Member]

Thanks Amlan.

This cleared my questions.