If we are Maintaining diffrent tax Percentage rates in FTXP
and pricing Procedure? what will happen in Accounts? which
percentage will taken by system at the time of posting?
Answer Posted / mohan babu
If the company is using Tax-inj method (it is a formula
based method) where you are maintaining the tax rates based
on the specific date wise. For instance, let me explain in
the specified date the tax rate was 10% and after that date
tax rate was changed to 12%. Then if the invoices/receipts
entered in the specified periods (i.e with 10% rate), they
will affect with tax rate at 10% only and remaining will
consider under new tax rate after the specified date
mentioned in T-code FV11.
If the company is using Tax-inn method, where we are
maintaining the tax rates under condition. if the tax rates
change it will affect for both new and old invoices/receipts
which are not cleared.
In Tax-inj tax rate taken by system based on open and
closed date. In Tax-inn rate taken by system based on rate
maintained in FTXP T-CODE.
Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
How do you create new status groups for capital spending accounts and revenue accounts? What are the steps and the T codes used?
What are the common reasons for errors in accounting and what impact do they actually have on the organization?
Tell me about the tax reports in sap
1)how many tr's you have moved in support project? 2)tell me the complete process of idoc's? 3)what are the interfaces you have dealt wih in your project?
what is difference apportionment of costs, overhead expenses and how do they differ
Explain manual primary cost planning? : co- cost center accounting
How accrual calculation can be performed in the system? : cost center accounting
Hi all, what is the main difference between ABAV,ABAVON AND ABAVN? i have seen the related answer but there is some misconception.so please provide the most suitable answer. thanks in advance
What is cost element? : cost center accounting
What is a shortend fiscal year?
Is there any additional configuration required for account-based profitability analysis as compared to costing based profitability analysis?
can anyone please share SAP FICA interview questions and answers ?
How is component scrap maintained in sap?
Name some settlement receivers for co internal orders?
Explain the account payables submodule? : fi- accounts payable