TAX CODE ASSIGNMENT

[Former Member]

HI

FRIEND

WHIEN I AM MAINTAINING CONDITION RECORD FOR VAT CONDITION TYPE ONE TAX CODE IS REQUIRED.

NOW I AM CREATING TAX CODE THROUGH TRANSACTION CODE--- FXTP.

WHETHER THIS TAX CODE NEED TO ASSIGN WITH TAX PROCEDURE IF YES HOW & WHERE.

GIVE ME DETAILS OF CONFIGURATION

PLZ HELP

REGARDS

AMBARISH

[Former Member]

Hi

You need to assign your tax code against your company code. Please check from LGen- Tax on Goods Mvment-Basic setting etc.

Cheers

chandra

[Former Member]

If you are using TAXINJ then you need to maintain as many tax codes as there are combinationsn FTXP. FOr more details on this check out the Building block library for MM and SD under your relevant release in the help.sap.com website.

If however you are using TAXINN, then you need to ahve just two tax codes which are used for maintaining taxes, 0 tax and valid tax rates.

All the tax rates are maintained in condition record with set key combination. Please check the BB for the list of condition types and Tax procedure for the setting up of the procedure.

regards

Jude

[Lakshmipathi]

Dear Ambarish

I presume you are in TAXINJ for which only, Tax condition types should be maintained in FTXP. Once you create the tax code with respective condition types in FTXP, go to VK11, input [UTXJ] and maintain the tax code there.

Whenever you create sale order, based on the above combination, tax code will flow.

thanks

G. Lakshmipathi

[Former Member]

Dear ambrish,

Goto VK11 and assign the tax code against UTXJ , then goto VA02 - do update pricing in item - condition. you will get the tax element as you have maintained in FTXP .

saravanan

[jignesh_mehta3]

You will have to create Tax code thru FTXp.

Then maintain condition record with VK11

Also assign VAT GL Account to Tax Code thru T-Code OB40 - select transaction (mostly JN5 or JN6) & assign GL account against TAx code.

This will ensure that your VAT amount is posted in particular GL account.

Thanks,

Jignesh Mehta

Mumbai

98700 10230

[jpfriends079]

No. Tax code is not required to assign in Tax Dtermination Procedure. Simply, assign the same in condition record you are creating for this VAT condition type. Just have look that this VAT condition type is assigned to your desire country of operation for this use Tcode. OVK1.

Hope it solved you query.

take care. JP.

[Former Member]

Dear Friend,

The Tax Code you have created you have to assign the Account Posting Keys in the pricing procedure.

In the FTXP you can go to the Procedures by pressing F6 or the enviorment Calculation procedure.

There you have to dine the account keys in with these account keys you alos have to define the G/L accounts for posting the Subsequent Taxes in the TAX accounts.

The same conditions types to be maintained in the SD pricing procedures and there is no requirement of assigning the account keys in the SD pricing.

But Make sure the access sequence is JDUM which is 100 % Copy of the UTXJ tax indicator.

Incase you are using TAXINN then you have to maintain the condition records in the SD system.

regards,

Amlan Sarkar

[Former Member]

HI,

When u open the tcode FTXP, it asks the country, there u might be assigning IN.

Now assign the tax deterrmination procedure to country IN.

path SPRO-FINANCIAL ACCOUNTING-FINANCIAL ACCOUNTING GLOBAL SETTING-TAX ON SALES AND PURCHASE-BASIC SETTINGS-ASSIGN COUNTRY TO CALCULATION PROCEDURE

CHEERS

REWARDS IF HELPFUL

[Former Member]

Hi.

Please maintain in the condition record.VK11.

thanks

Kuntla