Thursday, 14 January 2016

Manual JV for Reverse Tax / Reverse Charge Mechanism posting

To Correct Accounting in Wrong Tax posting below Scenarios will help to satisfy your Requirement.

Below procedure explain you how to rectify the tax Posting within Tax codes like Input to Output or Vice Versa.

Reverse Charge Mechanism also will work here as like below scenarios. ( Example Scenarios with Screen shot provided).

We will post such kind of posting using the JV solution Document Type SA and Transaction Code F-02
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Over 1st Screens says that we are selecting the Output Tax GL debiting and with the Ref and header Text Information.
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2nd Screens we are filling like the provided input and posting key 50 with the other GL posting ( here we are putting the Input tax GL for RCM posting )

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3rd Screen also we are filling as per information provided. and after updating the all fields are stimulates we will have below inputs.

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Here you can see system only taken the Amount values for posting and base values for checking the Tax code posting values.
Only Tax values are considering this kind of entries to tax reporting and adjustments.

Source: scn.sap.com

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  2. valuable information thanks for sharing this. SAP FICO Training

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