Deferred Tax Transfer Functionality in SAP RFUMSV50
目录
- 1. Overview
- Example: Service Tax Transfer – From Interim to Final Account
- Transaction codes used
- 2. Service tax transfer using RFUMSV50 (deferred tax transfer (New) program)
- Based on Tax classification access MWST
- f) Creation of Account keys for these condition types
- h) Assignment of Tax calculation procedure to Country
- i) Creation of deferred and target tax codes in FTXP transaction code
- l)Execute Program (RFUMSV50) or Transaction code S_AC0_52000644
- Details to be entered in the selection screen of the program
Dwarakanath N
September 18, 2013 3 minute read
Deferred Tax Transfer Functionality in SAP
61132,476
Deferred Service Tax transfer Functionality
1. Overview
Deferred tax transfer is the process wherein the tax on sales or purchases is reported only when the vendor invoice amount is paid or the customer invoice amount is received.
Example: Service Tax Transfer – From Interim to Final Account
When the vendor invoice is booked, the service tax is calculated and taken to the Service Tax (Credit available) account {Current asset}. Once the payment for the vendor is made, a special program called deferred tax transfer program has to be run, which will transfer the amount from this intermediate or deferred account to the final or target account.
Transaction codes used
FTXP Creation of deferred and target tax codes
FS00 Creation of deferred and target GL accounts.
S_ALR_87012360 Program to transfer the amounts posted in deferred tax account to the actual tax account (Scenario: Multiple service tax lines to single target service tax line)
Program: RFUMSV25
S_AC0_52000644 Program to transfer the amounts posted to the deferred tax account to the actual tax account (Multiple service tax lines to multiple target service tax lines)
Program: RFUMSV50
2. Service tax transfer using RFUMSV50 (deferred tax transfer (New) program)
a) Creation of 3 deferred Service Tax GL accounts for Base, Education cess and Higher education cess with the following parameters:
– Update the tax category with “<” (Input Tax account)
– Select the checkbox “Open item management”
– Select the checkbox “Line item display” with appropriate sort
b) Creation of 3 Target Service Tax GL accounts for Base, Education cess and Higher education cess with the following parameters:
– Update the tax category with “<” (Input Tax account)
– Do not select the checkbox “Open item management”
– Select the checkbox “Line item display” with appropriate sort key
c) Ensure to check whether the following Business Transaction Events are active in FIBF transaction code:
Path: SPRO -> financial accounting -> Financial accounting Global settings -> Tax on Sales / Purchases -> Basic settings -> India -> Activate Business transaction events (or) FIBF transaction code
Click Settings -> P/S modules -> …of an SAP application
1) 00001025 – CREATE_DEFTAX_ITEM
2) 00001030 – SET_DEFTAX_ITEM
3) 00001040 – CREATE_DEFTAX_ITEM_REVERS
4) 00001050 – CREATE_DEFTAX_ITEM_MR1M
d) Check the tax procedure, condition types and its relevant account keys. Create them if it is not available before
Path: SPRO -> financial accounting -> Financial accounting Global settings -> Tax on Sales / Purchases -> Basic settings -> Check Calculation procedure -> Define Condition types or OBYZ transaction code.
Based on Tax classification access MWST
e.1) Creation of JSRT Condition type for A/P Service Tax base
e.2) Creation of JEC3 condition type for A/P ECS for Service tax
e.3) Creation of JES3 condition type for A/P HECS for Service tax
f) Creation of Account keys for these condition types
Path: SPRO -> financial accounting -> Financial accounting Global settings -> Tax on Sales / Purchases -> Basic settings -> Check and Change settings for Tax Processing
g) Updation of these condition types and account keys in Tax procedure
Path: SPRO -> financial accounting -> Financial accounting Global settings -> Tax on Sales / Purchases -> Basic settings -> Check Calculation procedure -> Define Procedures or OBYZ transaction code.
Ensure to maintain routine 166 in requirement type column for Education cess and higher education cess condition types. This is mainly to transfer the amount from deferred tax base to target tax base, deferred tax Ecess to target tax Ecess and deferred tax HEcess to target tax HEcess
h) Assignment of Tax calculation procedure to Country
Path: SPRO -> financial accounting -> Financial accounting Global settings -> Tax on Sales / Purchases -> Basic settings -> Assign Country to Calculation Procedure
i) Creation of deferred and target tax codes in FTXP transaction code
Ensure to update the same tax rate in both deferred and target tax codes.
Target Tax code – TI
Here in the properties, we can update tax type as V and update COA details in tax accounts
j) Deferred Tax code – DI (Ensure to put Target tax code TI in deferred tax code properties tab in “Target tax code” field)
k) Process: Vendor Invoice Full or Partial with payment
l)Execute Program (RFUMSV50) or Transaction code S_AC0_52000644
Details to be entered in the selection screen of the program
– Company code
– Document number (Optional)
– Fiscal year
– Time Frame (Mandatory) – specifies the posting date
– Posting period, Tax code, GL account, vendor and customer (optional for further selection)
– Select Test run first and then in update run.
– Select currency translation date as Transfer Posting date
– In update run, select the posting parameters check box “Transfer Posting” and provide session name, document type, posting date and document date.
Also attached herewith document with screenshot for reference.
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deferred tax
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6 Comments
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Earla Lokesh
November 11, 2015 at 8:34 am
Hi Dwarak,
This document is useful for one of my requirement. You have writtern the Deffered tax process very clearly and easy understandable way.
Thanks a lot for this information
Regards,
Lokes Earla
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BHARATH KUMAR C
June 2, 2017 at 11:00 am
Hi,Many thanks for your note.Is there attachment available as mentioned.If yes please share.
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Kapil Mehta
August 27, 2020 at 7:03 am
Hi We have performed configuration as per steps mentioned above. However when we execute RFUMSV50, in output we get "List contains no data". Not sure why this is happening. We checked DEFTAX_ITEM table, it contains line items. Also referred to notes 1859099 & 1800344. Please let me know how to resolve issue.
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Neelam Joshi
October 7, 2020 at 7:24 am
Was this resolved?
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Kapil Mehta
October 7, 2020 at 7:31 am
Yes. Few things to be ensured -
Tax code should have % in FTXP
Time frame date should include Payment posting date.
Payment should clear invoice.
T007DT-BANKO field should be blank (deferred tax rule config)
If required note 2652058 , 2692433 , 2693995 , 2779149 , 2842130 should be implemented
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TVSI CONSULTANTS TVSI CONSULTANTS
September 25, 2020 at 12:43 pm
While executing the report RFUMSV50, we are also getting the same error 'Line contains no data'. Can anyone send step by step process.
Regards,
V Subramanian.
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