How to find tax calculation?

[Former Member]

Hi, experts,

I have a question about the tax calculation, now we had created a new tax condition for a special service tax-BT. The calculation method for BT is:

Total product value: USD 1,000

BT tax: USD 1,000*5%=USD 50

Than in the billing document, it won't show this BT tax. BT will only flow to FI for tax declaration.

How can I find the setting for this kind of tax calculation?

Thanks.

[Former Member]

hi

first u will check in your Service tax condition type is condition class, u will set discount/surcharge and then will assigned account key for particular G/L Account in VOK1.

Pls Reward point if it help

Regards

Lakshmanan S

[Former Member]

Hi,

For new Tax code please use T.Code: FTXP and create a new tax code here and ensure this is a country specific and you have to maintain the condition Type for that.

Please take your FI/Co consultant help in this regard.

Please Reward IF Really Helpful,

Thanks and Regards,

Sateesh.Kandula