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To overcome this fear we just need to put some logic and understand how system does calculations. Once you know how it works, you will start getting interest in it. I am not going to write whole configuration steps here, just an overview on the TAXINN procedure and how the system calculates excise duty and taxes.
Many tax calculation processes have already been defined in the standard SAP system for certain countries. Condition Type is the condition calculation rule.
There is a relation between condition type and access sequence. The access sequence is mentioned in condition type which calls the accesses maintained in that particular access sequence while maintaining condition record. Access Sequence contains definition of which combinations of fields are to be taken into consideration to decide the Condition Records.
Below the tabular explanation;. Tax Rate. Here combination of Material, vendor and plant is one of the access maintained in access sequence and tax rate is condition record. Below are some examples of access sequence;. Assignment of Country to Calculation Procedure. Specifying Excise Accounts per Excise Transaction.
Here you specify which excise accounts for excise duty and CENVAT are to be posted to for the various transaction types. Enter all the accounts that are affected by each transaction type. This defines the credit and debit sides of accounts for different transaction types. Transaction types. Accounts specification. Transaction Code : NA. Here we maintain GL Accounts for Excise transactions for automatic account determination.
This will define which GL account to be posted for specified duties for every transaction type. There may be sub transaction type in certain cases, for those also we need to maintain GL accounts.
Definition of TAX Code. Transaction code: FTXP. TAX Code , on the basis of which the system calculates excise duty and tax. An end user just enter the tax code in a transaction and all duties and tax calculations are done by the system.
Please note do not mention tax percentage in its description as there will not be any access to end user to change the description in case Govt. In budget government may announce change in tax rate or duties, user need to change condition records only not the tax code.
Maintenance of condition record is mentioned below in separate point. Here there is no need to mention Tax Percentage Rates. Assignment of Tax Code to Company Code. We need to assign the tax code to company code to make it effective in that particular company code. Maintain Condition Records. Transaction Code: FV Here user need maintain the required condition record for particular condition type for instance we will maintain condition record for Basic Excise Duty.
Select Access Sequence You can select as per your requirement. Maintain condition record. Similarly you need maintain the all the Condition Records which are applicable to your business process. Hence the end user can change the condition records as and when it is required, FV11 is an end user transaction.
Note To calculate duties correctly you must have maintained Vendor, Customer, Material, Plant and like in transaction code J1ID to which you want to calculate excise duty.
This way the system calculates the duties and taxes in the system. I had tried to cover an overview required for a Functional Consultant at beginner level. It might be incomplete. Sandeep Kashigaonkar.
Thanks sandeep for this valuable information,i am a beginner in sap,now i have cleared so many doubts which is always roaming in my mind. Former Member. Posted on August 2, 4 minute read. Follow RSS feed Like. Here we go. Assignment of Tax Code to Company Code We need to assign the tax code to company code to make it effective in that particular company code. Maintain Condition Records Transaction Code: FV11 Here user need maintain the required condition record for particular condition type for instance we will maintain condition record for Basic Excise Duty.
Select Access Sequence You can select as per your requirement Maintain condition record. Regards, Sandeep Kashigaonkar. Alert Moderator. Assigned tags. Related Blog Posts. Related Questions. You must be Logged on to comment or reply to a post. August 3, at pm. Like 0. Former Member Post author.
August 4, at am. Welcome Priya. August 25, at pm. July 14, at pm. But during Purchase order processing, Condition not showing in Tax code Condition. In Plant code field Value is showing as? Lakshmi Sama. Hello Sandeep, Thanks alot for sharing such a good document. Regards, Lakshmi S. Preeti Kashyap. September 19, at am. Thanks Sandeep.
This is really good for quick reference. Regards Preeti. February 29, at am. Good document. Raj A. June 3, at pm. How to configure it. Govind Gajeli. February 14, at pm. Hi Thanks You. Aditya prasad Das. May 9, at pm. Link Text. Open link in a new tab. No search term specified. Showing recent items. Search or use up and down arrow keys to select an item.
CIN Configuration settings and T.codes
Brief Introduction:. It contains a localization implementation guide IMG , and a country template to help us customize the system according to local requirements. This is over and above the generic SAP system functionalities. Most of the country-specific functions for India relate to Financials and Logistics, and center around taxes, including:. In this activity, we specify for which fiscal years we want to activate Country Version India for the accounting interface.
CIN – TAXINN Procedure – An Overview
A Country Version is designed specifically to cater the business operations of that country over and above the generic SAP system functionalities. It comprises of functionalities degined for the laws and business practices pertaining to the country. Most of the country-specific functions for India relate to Financials and Logistics. The main areas are as follows:.
SAP CIN Configuration Document