what data is required for automatic a/c determination for tax amounts?

what data is required for automatic a/c determination for
tax amounts?

Question Posted / sandhani

4 Answers
17094 Views
TCS, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

what data is required for automatic a/c determination for tax amounts?..

Answer / sandhani

(i) Rules
(ii) Posting keys
(iii) Tax acccounts

Is This Answer Correct ?

8 Yes

1 No

what data is required for automatic a/c determination for tax amounts?..

Answer / rokky jain

Rules, Posting keys, Tax Code, Country, Tax Type (Input
Tax / Output Tax), GL accounts for Tax & TAX Condition Type
or account key/Transaction event key i.e. MWST, VST.

Is This Answer Correct ?

0 Yes

0 No

what data is required for automatic a/c determination for tax amounts?..

Answer / ramu naidu

Tax rules

TAX GL accounts

TAX account key/Transaction event key i.e MWST,VST

Is This Answer Correct ?

1 Yes

3 No

what data is required for automatic a/c determination for tax amounts?..

Answer / majid khan md

we have transaction keys MWS,VST for output tax and input
tax when you are posting tax transaction we need to assign
the automatic account(tax liability account). if u use out
put tax use MWS transactiod key and give the tax lia a.c
this is called as automatic accoutn determincation for tax
amounts. like same for input tax..

If iam wrong please let me know..

Is This Answer Correct ?

0 Yes

2 No

Post New Answer

More SAP FI-CO (Financial Accounting & Controlling) Interview Questions

what is document type and what does it control..?

2 Answers

Can we make Asset as a Cost Element? What is rollout. for this what are the requirements.. how to do the process...?

2 Answers Accenture,

How to understand FICO tables so as to prepare Functional spec that ABAPer can work with? Please explain the data pulling logic? and how to map the tables after configuration

2 Answers Accenture,

How to calculate WIP in "product cost by sales order scenario", where multiple production orders are raised against one sales order?

0 Answers

What do you enter in Company code Global settings?

4 Answers

on what basis the document splitting will be done

3 Answers CMC,

Is Profit Center is created before Cost Center in CO ? if yes, then why?

5 Answers IBM,

What are the statistical key figures and what are they used for?

4 Answers

How do I set a flag for a field in any table?

0 Answers

How SAP going to implemented in Company or What is Steps we normally follow in implementation Project?

1 Answers

What is fi/co consolidation and give the steps to customization for fi consolidation?

0 Answers Intelligroup,

What are the major components of the chart of accounts?

0 Answers

For more SAP FI-CO (Financial Accounting & Controlling) Interview Questions Click Here