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Can we tax in another currency?

former_member217914
Participant
0 Kudos

Hi All,

We want to implement the below scenario:

Goods are purchased on a USD PO. When the invoice is submitted, the payment is made in USD but it also has a tax figure which should be in another currency, e.g. AUD.

Hence, requirement is:

PO in USD

IR in USD

Tax component of IR in AUD

Please advise if this is possible in standard SAP.

Thanks and Regards,

Gaurav Sharma

Accepted Solutions (0)

Answers (5)

Answers (5)

Former Member
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Hi Gaurav,

This is normal scenario where we procure from Vendors outside and pay local input taxes.

You can raise your query to your account payable guys ..I guess they can help you in this matter.

Regards,

Nitin

former_member197616
Active Contributor
0 Kudos

Hi,

In the MIRO screen , in the header enter the currency as USD and after that you enter the PO and process as usual to post the invoice in USD CURRENCY .Seems taxes also will get converted to USD .

Regards,

Former Member
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Hi first of all Vendor currreny will flow from the Vendor master data . IR will be done based on the invoice of the vendor based on net price system will calculate the taxes . your question really its not practical.

former_member217914
Participant
0 Kudos

Hi,

We are purchasing from an international vendor and so we need to purchase in his currency (USD). However, we have to pay tax in domestic currency (AUD). This is the scenario.

Thanks and Regards,

Gaurav Sharma

ajitkumar
Active Contributor
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IF tax conditions are also a part of purchasing schema, you have have a different currency.if it is a percentage condition, you can make the invoice in another currency

former_member217914
Participant
0 Kudos

Hi Ajit,

Can you please provide details on how to achieve this? We have tax condition as part of purchasing schema but currency is not one of the fields that can be included in the condition record? Can you show how this can be done?

Thanks and Regards,

Gaurav Sharma

Former Member
0 Kudos

HI ,

I am not how this is possible in real life . Taxes are always in Invoice currency . Well when you enter tax system ;posted taxs in BSET in four curreinces

1) Docuemnt currency

local currency

group currency

country currency