Down Payment Received - Output Tax Account definition

[Former Member]

Hi,

I have defined reconciliation account for down payment received under OBXR, and it works fine. However, the issue comes when we post output tax received along with customer down payment. I get the error "No taxes on sales/purch.are allowed for account 214010, O1 is not allowed". 214010 is our customer down payment account.

It looks like I have to define tax account under "Define Tax Accounts for Down Payments Received (OB40)" and also "Define Account for Tax Clearing (OBXB)". I am not sure where in OB40 and OBXB I have to define these accounts. Or is it enough if I just define tax account for down payment under OB40 and don't do anything in OBXB.

I appreciate your help.

Thank you

[Former Member]

> Hi,

>

> I have defined reconciliation account for down

> payment received under OBXR, and it works fine.

> However, the issue comes when we post output tax

> received along with customer down payment. I get the

> error "No taxes on sales/purch.are allowed for

> account 214010, O1 is not allowed". 214010 is our

> customer down payment account.

> <b>Go to your GL account 214010 in FS00 in change mode and make the following settings from F4. < Output tax account</b>

> It looks like I have to define tax account under

> "Define Tax Accounts for Down Payments Received

> (OB40)" and also "Define Account for Tax Clearing

> (OBXB)". I am not sure where in OB40 and OBXB I have

> to define these accounts. Or is it enough if I just

> define tax account for down payment under OB40 and

> don't do anything in OBXB.

> <b>Once u make the above settings then the system will tell you whether you need to define other accounts for postings once you make postings.</b>> I appreciate your help.

>

> Thank you